The Internal Revenue Service (IRS) is reminding taxpayers about a temporary tax break that will allow more people to deduct up to $300 in donations
Read MoreMonth: November 2020
Share Your Favorite Charity For The 12 Days Of Charitable Giving
At year-end, taxpayers are often looking for ways to make charitable gifts to whittle down taxable income and save dollars come tax time. This year,
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IRS Issues Final 1031 Like-Kind Regs
The Internal Revenue Service (IRS) has issued final regulations relating to section 1031 like-kind exchanges. 1031 Like-Kind Requirements We call them 1031 like-kind exchanges because
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Organizing Tips To Keep Your Life, Business, And Tax Information In Better Shape
The difference between being organized or not can be thousands of dollars when it comes to your taxes and finances. This week on the Taxgirl
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2020 Stimulus Check Deadline Coming Soon
Chances are, you’ve already received your stimulus check this year. But if you haven’t, and you qualify for one, you need to act fast if
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As Frustrations With IRS Grow, Tax Pros Reach Out To Congress
#TaxTwitter has been abuzz about a flurry of notices of intent to levy (CP504) sent to taxpayers this week. The notices appear to have been
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How Low Income Taxpayer Clinics (LITCs) Can Help With Tax Disputes
All taxpayers deserve quality taxpayer support and representation. However, this can be a costly avenue to achieve. Many taxpayers who stumble upon a tax dispute
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As IRS Takes Additional Steps To Protect Your Privacy, Your Tax Transcript May Look Different
The Internal Revenue Service (IRS) continues to take steps forward in efforts to protect taxpayer data. Two years ago, the IRS moved to provide more
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What’s Next For Recipients Of PPP (Paycheck Protection Program)
To keep the economy afloat, Congress introduced the Paycheck Protection Program, also known as PPP. PPP consists of potentially forgivable loans to keep employees on
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IRS Reminds Eligible College Students To Register For A Stimulus Check
The Internal Revenue Service (IRS) is reminding qualified college students that it’s not too late to register for a stimulus check. If you are a self-supporting
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