COVID-19 IRS Updates

May 7, 2021 • 3 Min Read

You not only have until May 17 the file your taxes — you also have until that date to make contributions to your IRA.

May 6, 2021 • 3 Min Read

The American Rescue Plan includes a tax break on unemployment benefits.

May 6, 2021 • 3 Min Read

2020 was a disruptive year in so many ways, and for some of us, that meant moving between states.

May 3, 2021 • 4 Min Read

2020 brought about many new tax changes as the U.S. government aimed to get aid to people, primarily through tax credits.

April 26, 2021 • 4 Min Read

The Child Tax Credit, which is available every year, received an overhaul for 2021 to get more help to families who need it.

April 15, 2021 • 3 Min Read

You Get Extra Time to File Your Taxes! (Don’t Get Toooo Excited, Now)

March 11, 2021 • 4 Min Read

The third COVID relief bill — titled the American Rescue Plan Act of 2021 — has now been signed into law.

January 18, 2021 • 3 Min Read

Just before 2020 ended, we received a new, much anticipated COVID-19 relief package called The Consolidated Appropriations Act of 2021.

December 30, 2020 • 2 Min Read

The CARES Act allows eligible individuals who do not itemize deductions to deduct $300 of qualified charitable contributions.

November 3, 2020 • 1 Min Read

New changes to the income ranges for determining eligibility to make deductible contributions to IRAs, ROTH IRAs, and the Saver's Credit.

November 2, 2020 • 2 Min Read

IRS will resume sending balance-due notices to U.S. taxpayers after halting them in May because of a massive COVID-19 related mail backlog.

September 15, 2020 • 3 Min Read

Employers have started to worry about how to implement this new policy and what role they will play.

August 21, 2020 • 1 Min Read

Taxpayers stand to benefit from 45-day rule which requires the IRS to pay interest on refunds issued after 45 days of the taxpayer’s claim.

July 21, 2020 • 2 Min Read

Didn't make the 2019 Filing Deadline? There's still a few things you can do today to save yourself from fees and penalties.

July 13, 2020 • 2 Min Read

With the imminent deadline just days away, Taxpayers who aren't ready to file still have options to buy them some more time.

July 6, 2020 • 2 Min Read

With IRS offices slowly reopening, taxpayers are left with unanswered questions. Here's the latest of what's open & how to find info.

June 26, 2020 • 1 Min Read

IRS offices are opening back up to deal with the mountains of paperwork waiting for them.

June 23, 2020 • 2 Min Read

The IRS will officially begin accepting 2019 amended income tax returns this summer, helping to reduce delays that come paper filings.

June 19, 2020 • 2 Min Read

The IRS is granting Opportunity Zone Funds relief on some of the requirements associated recently passed tax incentive programs.

June 16, 2020 • 3 Min Read

Newly passed legislation works to help businesses by relaxing PPP requirements - What you need to know...

June 12, 2020 • 3 Min Read

With ~35M payments still outstanding to date, here’s what you need to know and some actions you can take if you’re still waiting.

May 29, 2020 • 2 Min Read

With the recent Covid-19 inspired stimulus packages is an IRS program allowing access to funds from their own 401(k) retirement plans.

May 26, 2020 • 3 Min Read

WFH moved the workforce from their cubicles to the couch, yet many businesses may find themselves with unexpected tax obligations.

May 20, 2020 • 1 Min Read

There have been murmurs that the White House is contemplating extending it to an even later date.

April 21, 2020 • 1 Min Read

Many consumers were left waiting for their stimulus checks with little to no explanation.

April 14, 2020 • 1 Min Read

Stimulus checks will be processed faster for those who have set up direct deposit.

April 10, 2020 • 1 Min Read

A set of relief options have been provided for small businesses looking for help during the COVID-19 pandemic.

April 7, 2020 • 1 Min Read

The ERTC can help keep your business afloat during the COVID-19 crisis.

March 30, 2020 • 2 Min Read

The Coronavirus Aid Relief and Economic Security Act was passed on Friday, March 27th, 2020. Here are 5 things you may want to know

March 17, 2020 • 2 Min Read

The COVID-19 outbreak has forced consumers and taxpayers to adjust their tax season schedules.