Earlier this week, I reported that Treasury Secretary Steven Mnuchin was still considering extending the tax season. Reactions to this idea were mixed. So, for
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IRS Is Sending Out Notices With Past-Due Deadlines
As the Internal Revenue Service (IRS) re-opens, it has some catching up to do: The estimated backlog of unopened IRS mail stands at 11 million.
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IRS Will Pay Interest On Tax Refunds For Timely Filed Returns As Of April 15 (*Yes, Really)
If you were entitled to a 2019 tax refund, you may be in store for some good news: individual federal income tax refunds issued after
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Treasury Plans To Make Names Of Some PPP Borrowers Public
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 MoreTax 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
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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
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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
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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
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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
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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
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