If you follow me on Twitter, you’d know that our law firm didn’t take out a Paycheck Protection Program (PPP) loan. But if we had,
Read MoreMonth: June 2020
Tax Filing Date Remains July 15, But Treasury Is Still Considering Extending It
Will he or won’t he? That’s the question on the minds of taxpayers and tax professionals alike as Treasury Secretary Steven Mnuchin continues to mull
Read More
US Tax Court Will Soon Be Accepting Mail
That feels like an odd statement. But gosh, it’s been an odd year. Earlier this year, the United States Tax Court announced that it would
Read More
SBA Has Re-Opened Its EIDL Program To All Eligible Small Businesses
In April, I wrote an article about the Economic Injury Disaster Loan program (EIDL). Shortly afterward, the Small Business Administration (SBA) announced that the program was closed
Read More
IRS Stares Down Huge Backlog Of Mail
So, there’s some good news: The Internal Revenue Service (IRS) is processing paper tax returns. And then there’s some not-so-good news: The estimated backlog of
Read More
Here’s An Updated Look At What To Expect As IRS Reopens
The Internal Revenue Service (IRS) continues to make strides in getting back to normal. According to the IRS Commissioner, as of this past Monday, thousands
Read More
U.S. Springs Surprise By Halting OECD Talks Over Digital Tax
Just days ago, tax professionals were wondering whether the G20 would meet its 2020 deadline to reach an agreement on multinational taxation. We now have
Read MoreIRS Releases Nationwide Tax Forum Seminar Schedule
The Internal Revenue Service (IRS) has released the seminar schedule for the 2020 IRS Nationwide Tax Forums. Due to COVID-19 and related restrictions, the forums
Read MoreIRS Gives Employers Guidance On COVID-19 Related Sponsored Leave Donation Programs
As the numbers of those affected by COVID-19 continue to climb, the Internal Revenue Service (IRS) is providing guidance for employers whose employees take advantage
Read More
Ask The Taxgirl: My Stimulus Check Is Wrong
Taxpayer asks: My stimulus check is wrong. How can I fix it? I tried calling the IRS but couldn’t get anyone on the phone. Taxgirl
Read More