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Month: May 2020

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H&R Block launches CARES Act consulting for small biz

May 7, 2020

Source: Accounting Today: IRS Watch The tax prep chain is offering consulting services starting at $99. Read More: […]

General 2016

Treasury will let employers claim retention tax credit and provide insurance to furloughed workers

May 7, 2020

Source: Accounting Today: IRS Watch The decision, prompted by requests from a bipartisan group of lawmakers, reverses previous IRS […]

General 2016

IRS proposes guidance on itemized deductions for estates and trusts

May 7, 2020

Source: Accounting Today: IRS Watch The guidance says some deductions of estates and non-grantor trusts are not considered to […]

General 2016

Pelosi dismisses Trump call on payroll, capital gains taxes

May 7, 2020

Source: Accounting Today: IRS Watch House Speaker Nancy Pelosi dismissed President Donald Trump’s call for a payroll tax cut […]

General 2016

IRS looking for applications for TCE and VITA grants

May 7, 2020

Source: Accounting Today: IRS Watch The service is looking for tax preparers to help the elderly and low-income taxpayers. […]

General 2016

IRS tells family members of deceased to return stimulus money

May 7, 2020

Source: Accounting Today: IRS Watch The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for […]

General 2016

Our profession has changed forever

May 7, 2020

Source: Accounting Today: IRS Watch The coronavirus pandemic will leave indelible marks on accounting. Read More: Our profession […]

General 2016

Your small-biz clients will be just fine — and so will your firm

May 6, 2020

Source: Accounting Today: IRS Watch Gene Marks predicts we’ll emerge from the pandemic sooner that most people expect, with […]

General 2016

IRS explains how ineligible taxpayers should return their coronavirus stimulus payments

May 6, 2020

Source: Accounting Today: IRS Watch The Internal Revenue Service has posted information on how people who weren’t supposed to […]

General 2016

Senators introduce bill to allow tax deductions for forgiven PPP loans

May 6, 2020

Source: Accounting Today: IRS Watch A bipartisan group of lawmakers introduced legislation Wednesday to enable small businesses to deduct […]

General 2016

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