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Day: March 25, 2020

Ask The Taxgirl: Working From Home During COVID-19

Ask The Taxgirl: Working From Home During COVID-19

Kelly Phillips ErbMarch 25, 2020

Taxpayer asks: Just read your article on Forbes “Working From Home? Your Home Offices Expenses Are Probably Not Tax-Deductible.“ Now, it is as my understanding

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What You Need To Know About Those IRS Stimulus Checks

What You Need To Know About Those IRS Stimulus Checks

Kelly Phillips ErbMarch 25, 2020May 5, 2020

As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, the Senate passed a massive

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Here’s What’s In The CARES Act

Here’s What’s In The CARES Act

Kelly Phillips ErbMarch 25, 2020May 5, 2020

(Note: On March 27, 2020, the House approved this bill.) It’s been a long week on the Hill, but the Senate has finally reached an

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IRS Will Limit Collections Activities During COVID-19 Crisis

IRS Will Limit Collections Activities During COVID-19 Crisis

Kelly Phillips ErbMarch 25, 2020May 5, 2020

The Internal Revenue Service (IRS) has announced a series of steps to assist taxpayers impacted by COVID-19. Relief ranges from easing payment guidelines to postponing compliance actions.

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Senate Has Reached Agreement On Stimulus Package

Senate Has Reached Agreement On Stimulus Package

Kelly Phillips ErbMarch 25, 2020May 5, 2020

(Update: The bill passed the Senate on 3/25/2020.) “It’s good news,” said Senate Majority Leader Mitch McConnell (R-KY) early Wednesday morning. McConnell continued, “At last,

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