In new guidance, the IRS has provided more coronavirus (COVID-19) deadline relief for employment taxes, employee benefit plan and other requirements. Notice 2020-35 postpones deadlines for certain specified time-sensitive actions with respect to certain...

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Some married couples want to know if it matters whose information they use on the IRS’s “Get My Payment” tool to find out when they’re getting their Economic Impact Payments (EIPs). According to new...

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“Stay alert and safeguard” your Economic Impact Payment (EIP), urges the Treasury Inspector General for Tax Administration (TIGTA). EIPs are made to eligible taxpayers to help mitigate the financial effects of the novel coronavirus...

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The IRS has announced 2021 inflation-adjusted amounts for contributions to Health Savings Accounts (HSAs). An HSA is a tax-exempt account funded with pretax dollars that can be used only for qualified medical expenses. However,...

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The IRS’s “People First Initiative” was set up to give taxpayers relief during the novel Coronavirus (COVID-19) crisis. The relief (much of it previously announced) covers a variety of issues from easing payment guidelines...

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Did you receive an Economic Impact Payment (EIP) for less than you expected? EIPs are part of the tax relief intended to help mitigate the effects of the novel Coronavirus (COVID-19) crisis. Generally, the...

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May 13 is the deadline to provide the IRS with information to get an Economic Impact Payment (EIP) via direct deposit. The IRS has stated that taxpayers who qualify for, but haven’t received their...

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