IRS Provides Tax Relief through Increased Flexibility for Taxpayers in Section 125 Cafeteria Plans
IRS Cafeteria Plans Tax Relief through Increased Flexibility in Section 125; The Internal Revenue Service (IRS) allows temporary changes to section 125 cafeteria plans that provides guidance on increased flexibility for taxpayers. According to the changes, the claims period for…
Read more
IRS New Regulations on Income Tax Withholding For Certain Periodic Retirement and Annuity Payments
IRS New Regulations on Income Tax; The Internal Revenue Service (IRS) and the U.S. Department of the Treasury issued new guidance for Income Tax Withholding for retirement and annuity payments. As per the details, the proposed regulation provides update regarding…
Read more
IRS Virtual Settlement Days Program For Unrepresented Taxpayers to Settle Their Cases during COVID-19 Pandemic;
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…
Read more
IRS Accepting Applications for TCE and VITA Grants
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…
Read more
IRS Accepting Applications for 2021 Grants for Low Income Taxpayer Clinics Until June 16
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…
Read more
Treasury, IRS Announce Cross-Border Tax Guidance Related To Travel Disruptions Due To COVID-19 Emergency
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…
Read more
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…
Read more
IRS Extends More Tax Deadlines for Expats, Trusts, Estates, Corporations and Others Due To Coronavirus
IRS Extends More Tax Deadlines For Individuals & Businesses; The Department of Treasury and the Internal Revenue Service (IRS) extend additional key tax deadlines for individuals and businesses throughout the United States. As per the details, Notice 2020-23 (PDF) is…
Read more

- Tax
- posted by cwm
- March 24, 2020
How to get a tax id number to buy Wholesale
Starting a business is not an easy task for sure, and we all agree with it. Besides kicking off the business is not only hectic work but also making sure the legitimacy factor also fulfill before getting into any trouble….
Read more

- Tax
- posted by cwm
- March 24, 2020
How do I obtain or get a tax id number for a trust
So how much do you know about the trust fund? or just trust. The trust fund is exactly the same as the word trust. The term’s meaning actually fits the trust. A trust fund is a three-way relationship between three…
Read more