COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, Congress passed a massive stimulus package.
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Ask The Taxgirl: Working From Home During COVID-19
Taxpayer asks: Just read your article on Forbes “Working From Home? Your Home Offices Expenses Are Probably Not Tax-Deductible.“ Now, it is as my understanding
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What You Need To Know About Those IRS Stimulus Checks
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, the Senate passed a massive
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Don’t Count On The Home Office Deduction In 2020
Chances are that you’re reading this from home. With social distancing encouraged due to the COVID-19 pandemic – and in states like mine, actually mandatory – many
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IRS Issues Guidance On New Tax Filing And Payment Deadlines
As the numbers of confirmed cases of COVID-19 continue to increase in the United States, the federal government is taking action to reduce the impact
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Ask The Taxgirl: Canceling Automatic/EFTPS Payments Because Of The New Tax Deadline
Taxpayer asks: What if I already filed my 1040 and scheduled an EFTPS automatic payment on April 15? Is there a way to cancel that
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Ask The Taxgirl: Estimated Payments During Coronavirus
Taxpayer asks: Is the 1st 2020 quarterly still due on April 15? This means selling securities in a down market to cover that. What’s official? What’s
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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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Here’s How To File Your Tax Extension In 2020
With more than a month to go until Tax Day, this isn’t typically the time that taxpayers consider filing for an extension. But this isn’t
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Tax Court Takes Measures To Prevent Spread Of Coronavirus
Have a Tax Court matter? If you’ve clicked over to the Tax Court web site lately, you’ve likely seen this: It reads: The U.S. Tax
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