The Internal Revenue Service (IRS) has announced tax relief for victims of victims of the Oregon wildfires and straight-line winds. Those taxpayers who have been affected by
Read MoreYear: 2020
Congressional Proposal Would Provide COVID Tax Breaks For Employees & Parents
Our schools stopped in-person instruction due to the pandemic in March. Within a few weeks, it was evident that we were going to have to
Read MoreIRS Releases New Per Diem Rates For Business Travelers
The new per diem numbers are now out – a little earlier than normal. It’s important to note that they are not effective until October
Read MoreDeadline For Filing Your 2019 Tax Return On Extension Is October 15
Did you file for an extension for your 2019 federal income tax return? If so, you have about a month remaining to file: the deadline
Read More‘New’ Form 1099-NEC Targeted To Freelancers & Gig Workers
Last year, the Internal Revenue Service introduced a draft version of a form that we haven’t seen since 1982: Form 1099-NEC, Nonemployee Compensation. Form 1099-NEC
Read MoreNew IRS Marijuana Web Page Intended To Sweeten The Pot For Business Owners
Not sure that things are changing in the tax and legal worlds? Here’s proof that it is: The Internal Revenue Service (IRS) has released a
Read MoreIRS Offers Reward For Code Crackers As It Ramps Up Crypto Efforts
When the Internal Revenue Service (IRS) signaled that it was getting serious about cryptocurrency, the agency wasn’t kidding. The IRS is now offering cash to
Read MoreTaxes From A To Z 2020: Y Is For Yield Rate
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
Read MoreThe Original Survivor’s Big Win & What Happened When He Was Charged With Tax Evasion
In the 1990s and early 2000s, reality television as we know it today was still relatively new. And leading the pack was a CBS series
Read MoreNeed Help Figuring Your Estimated Payments? IRS Made A Video.
Estimated payments for the third quarter are due September 15, 2020. You can find out more about the deadline here. But you need a little
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