The IRS announced on September 24, 2020 that victims of Hurricane Sally that began on September 14, 2020 may qualify for tax relief. This follows the August 31, 2020 announcement by IRS granting tax relief for victims of Hurricane Laura that started August 22, 2020. ...
IRS Tax Relief
Are You Affected By The Summer 2020 Oregon Wildfires? IRS Is Providing You With Tax Relief And Extending Upcoming Tax Deadlines.
The IRS announced on September 17, 2020 that victims of the Oregon wildfires that began September 7 may qualify for tax relief. Individuals who reside or have a business in Clackamas, Douglas, Jackson, Klamath, Lane, Lincoln, Linn and Marion counties in Oregon, have...
9 Million Non-filers To Receive Letter From The IRS Urging Them To Claim The Economic Impact Payment
What To Do If You Have Not Received Your Economic Impact Payment. On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to...
Were You Affected By Hurricane Laura? IRS Is Providing You With Tax Relief And Extending Upcoming Tax Deadlines.
The IRS announced on August 31, 2020 that victims of Hurricane Laura starting August 22, 2020 may qualify for tax relief. Individuals who reside or have a business in Allen, Beauregard, Calcasieu, Cameron, Jefferson Davis and Vernon parishes in Louisiana, have until...
Twelve Illegal Cannabis Retailers Served Tax Warrants in Greater Los Angeles
Twelve Illegal Cannabis Retailers Served Tax Warrants in Greater Los Angeles The California Department of Tax and Fee Administration (CDTFA) oversees the reporting and collection of taxes for the California cannabis industry. On July 8, 2020 the CDTFA announced that...
After July 15, 2020, Taxpayers Must Resume Making Payments To IRS Or Face Renewed Collection Action
After July 15, 2020, Taxpayers Must Resume Making Payments To IRS Or Face Renewed Collection Action On March 25, 2020 the IRS issued a press release announcing a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from...
How To Make Sure You Don’t Pay More Than What You Owe To The IRS
How To Make Sure You Don’t Pay More Than What You Owe To The IRS I have not yet anyone who does not mind paying more to the IRS than they are legally obligated to. In fact it is a basic right known enumerated in the Taxpayer Bill of Rights that taxpayers pay no more...
The Five Ways That IRS Selects Tax Returns For Examination
The Five Ways That IRS Selects Tax Returns For Examination I have yet to meet anyone who looks forward to having their tax return be selected for an audit by IRS so you should know the five main ways that the IRS selects returns for examination. Potential participants...
Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them!
Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them! On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES]...
Where Is My IRS Economic Impact Payment?
Where Is My IRS Economic Impact Payment? IRS Releases Web-based Portal For Non-filers And Taxpayers For Whom IRS Does Not Have Your Direct Deposit Information. Deadline to enter your information on this portal is 12:00PM Eastern Time, Wednesday, April, 22, 2020. On...