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 MoreYear: 2020
Mnuchin 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
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House 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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State & Federal Tax Offices Announce Closings and Filing Delays Due To COVID-19
(Note: Updated April 1, 2020) On March 20, 2020, Treasury Secretary Mnuchin extended the tax filing and payment deadline to July 15, 2020. You can find more
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IRS: High-Deductible Health Plans (HDHPs) Can Cover COVID-19 Related Costs
The Internal Revenue Service (IRS) has announced that high-deductible health plans (HDHPs) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their
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Congress Asks IRS For Update On Tax Filing Deadline
Will they or won’t they? That’s the question on the minds of many taxpayers as rumors swirl about a potential extension of the tax filing
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