(Updated March 27, 2020) As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most
Read MoreMonth: March 2020
Senate COVID-19 Relief Bill Will Provide For Testing, Benefits & Paid Leave
(Author’s Note: Updated to reflect that the President signed the bill into law.) The Senate has passed the House’s bill intended to provide economic relief
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IRS Issues Official Guidance On Tax Payment Deferrals
(Author’s Note: After this article was published, on March 20, 2020, Treasury Secretary Mnuchin announced that the tax filing deadline has been extended to July 15, 2020.
Read MoreWhite House Says Economic Relief Is On The Way (Including Checks)
More economic relief is on the way. That was the word out of the White House briefing today regarding the COVID-19 pandemic. COVID-19 is the
Read MoreMnuchin Confirms Tax Relief For IRS Filing Season
(Author’s Note: After this article was published, on March 20, 2020, Treasury Secretary Mnuchin announced that the tax filing deadline has been extended to July 15, 2020.)
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With Stock Market Down, Here’s What You Need To Know About Gains & Losses For Tax Purposes
Yesterday wasn’t a pretty day on Wall Street. The Dow Jones industrial average plunged nearly 3,000 points sending stocks tumbling to their worst single-day losses
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Social Security Administration To Close Offices Due To COVID-19
All local Social Security offices will be closed to the public for in-person service starting Tuesday, March 17, 2020. According to the Social Security Administration, “This
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Are Your Social Security Benefits Taxable?
In February of 2020, more than 69 million people collected a check for Social Security, Supplemental Security Income (SSI), or both. The majority of those beneficiaries (nearly
Read MoreHouse Bill Would Allow For Paid Leave, Testing & Tax Credits To Lessen Impact Of COVID-19
As numbers of confirmed cases of COVID-19 continue to increase in the United States, the federal government is taking actions to reduce the impact on
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Dark Deja Vu: IRS Announces Takedown Of Multi-Million Dollar Child Exploitation Website Funded By Bitcoin
The Internal Revenue Service (IRS) has announced the indictment of Michael Rahim Mohammad, a Dutch national. Mohammad, sometimes called “Mr. Dark,” has been accused of operating Dark
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