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
Read MoreDay: March 25, 2020
What You Need To Know About Those IRS Stimulus Checks
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
Read MoreHere’s What’s In The CARES Act
(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
Read MoreIRS Will Limit Collections Activities During COVID-19 Crisis
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.
Read MoreSenate Has Reached Agreement On Stimulus Package
(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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