Treasury and CBP Announce Deferment of Duties & Fees for Certain Importers during COVID-19 Response
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…
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State-By-State Economic Impact Payment Figures – Treasury, IRS Deliver 88 Million Payments by April 17
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…
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IRS, Treasury Issue Guidance for Applying UBTI “Silo” Rules for Tax-Exempt Organizations
UBTI Silo Rules; Guidance for Tax-Exempt Organizations; The U.S. Treasury Department and Internal Revenue Service (IRS) today issued proposed regulations for unrelated businesses income for tax-exempt organizations under the Tax Cuts and Jobs Act (TCJA). The proposed guidance for tax-exempt organizations covers…
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IRS & Treasury Announces Significant Enhancements and Updates to ‘Get My Payment’ App
Updates to Get My Payment App; The Internal Revenue Service (IRS) and the U.S. Treasury Department announced significant enhancements to the “Get My Payment” online application tool for receiving Economic Impact Payments. The updates and enhancements are made for delivering…
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Treasury Launched IRS Enter Payment Info Tool to Help Non-Filers Receive Economic Impact Payments
Non-Filers: Enter Payment Info and the IRS Tool’; The U.S. Treasury Department and the Internal Revenue Service today launched a new web tool (Non-filers: Enter Payment I nfo Here) that allows quick registration for Economic Impact Payments for those who don’t…
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Over 80 Million Americans Received Economic Impact Payments in Their Bank Accounts This Week
Americans Received Economic Impact Payments; The U.S. Treasury Department proudly announces that more than 80 million U.S. people will receive automatic Economic Impact Payments into their bank accounts, this week. The U.S. Treasury Department and the Internal Revenue Service transferred…
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Treasury, IRS Partners With Veterans Affairs to Deliver Economic Impact Payments to Veterans Automatically
IRS Partners With Veterans Affairs; Veterans Will Receive Automatic Economic Impact Payments; The Internal Revenue Service (IRS) partners with the Treasury Department and the Department of Veterans Affairs to deliver Economic Impact Payments to Veterans automatically. The news is announced…
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Treasury Launch “Get My IRS Payment’ Online Application to Submit Direct Deposit Info & Track Payments
‘Get My IRS Payment’ To Submit Direct Deposit Info & Tracking Economic Impact Payments Date; The U.S. Treasury Department and the Internal Revenue Service unveil online application ‘Get My Payment’ for Americans to get complete help regarding their Economic Impact…
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SSA, RRB Recipients with Eligible Children Need To Act by April 22 to Receive Full Economic Impact Payment Along With $500 per Eligible Child
Benefits 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 SSA, RRB recipients with eligible children to act by Wednesday to receive…
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Tax Deadlines Delayed For Alcohol, Tobacco, Firearms and Ammunition Businesses Hit By Coronavirus (COVID-19)
Tax Deadline Delayed For Alcohol, Tobacco, Firearms And Ammunition Businesses by the Internal Revenue Service (IRS) and the U.S. Department of the Treasury, businesses affected by Coronavirus. As per the details, tax deadlines for payments & reporting has been postponed…
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