IRS Settlement Days program to resolve tax disputes during COVID-19 pandemic; The Internal Revenue Service Office of Chief Counsel announces that the IRS retools Settlement Days program in response to Coronavirus pandemic in order to allow unrepresented taxpayers for settlement…
IRS New Guidance for Estates and Trusts; The Internal Revenue Service (IRS) provides new proposed regulations for Estates and Trusts itemizing deductions in USA. With the help of IRS itemizing deductions guidance for estates and trusts, it is much clearer…
IRS Three Credits for Businesses Hit by Coronavirus; The Internal Revenue Service (IRS) three new credits are available to the businesses and employers affected by COVID-19 pandemic. Go through the given details to know details of important IRS three credits…
IRS Accepting Applications for TCE and VITA grants; The Internal Revenue Service (IRS) has started to accept applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs. TCE and VITA programs by the…
IRS Accepting Applications for 2021 for Low Income Taxpayer Clinics Grants; The Internal Revenue Service (IRS) has started accepting 2021 LITC Grant applications throughout the United States. For calendar year 2021, the application period for Low Income Taxpayer Clinic grants…
Act By May 13 To Get Quicker Economic Impact Payment; The Internal Revenue Service (IRS) and the Treasury Department urge people to use Get My Payment by noon Wednesday, May 13, 2020, for a chance to get a quicker delivery of…
Children to Receive Full Economic Impact Payment; VA, SSI Recipients To Receive Full Economic Impact Payment $500 per eligible child; The Internal Revenue Service (IRS) made special alert for numerous groups of federal benefit recipients including VA, SSI recipients with…
Cross Border Tax Guidance Regarding Coronavirus-Related Travel Disruptions; The U.S. Treasury Department and the Internal Revenue Service (IRS) issue guidance that provides relief to individuals as well as businesses affected by travel disruptions arising from the COVID-19 emergency. Cross-border guidance…
Deferment Of Duties And Fees For U.S. Businesses; The U.S. President, Donald J. Trump, signed an Executive Order to provide Coronavirus relief to certain businesses and importers in the United States. The Executive Order authorizes the Secretary of the Treasury…
State By State Figures For Economic Impact Payments; The U.S. Treasury Department and the Internal Revenue Service (IRS) issued the details of state by state figures for Economic Impact Payments for the first three weeks. As per the details, 88…
