On October 1, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in parts of Illinois affected by severe storms, tornadoes, straight-line winds and flooding that began on July 13, 2024. These taxpayers now have until February...
Featured
IRS provides relief to victims of Tropical Storm Debby in Pennsylvania.
On September 18, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in Pennsylvania affected by Tropical Storm Debby. These taxpayers now have until February 3, 2025, to file various federal individual and business tax returns...
IRS provides relief to victims of Tropical Storm Francine in Louisiana.
On September 13, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in Louisiana affected by Tropical Storm Francine that began on September 10, 2024. These taxpayers now have until February 3, 2025, to file various federal...
IRS provides relief to victims of severe storms and flooding in Connecticut and New York.
On September 10, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in Connecticut and New York affected by severe storms and flooding from torrential rainfalls that began on August 18, 2024. These taxpayers now have until...
IRS tax relief now available to U.S. Virgin Islands victims of Tropical Storm Ernesto.
On August 28, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in the U.S. Virgin Islands affected Tropical Storm Ernesto that began on August 13, 2024. These taxpayers now have until February 3, 2025, to file various federal...
DEA Sets Hearing On Cannabis Rescheduling Thus Delaying Its Decision Until After The Election
DEA Sets Hearing On Cannabis Rescheduling Thus Delaying Its Decision Until After The Election The prime benefits of reclassifying cannabis from a Schedule 1 substance to a Schedule 3 substance is that the Federal government would recognize medical benefits of...
Did You Receive Funds From The Employee Retention Credit Program That You Were Not Eligible To Receive? Here are the five new red flags that IRS is looking for.
IRS opens second Employee Retention Credit Voluntary Disclosure Program sending up to 30,000 letters to address more than $1 billion in errant claims Thousands of new recapture letters going out for improper ERC claims made for Tax Year 2021, some Tax Year 2020. As...
IRS tax relief now available to Tropical Storm Ernesto victims in Puerto Rico
On August 23, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in Puerto Rico affected by Tropical Storm Ernesto that began on August 13, 2024. These taxpayers now have until February 3, 2025, to file various federal...
IRS tax relief now available to Hurricane Debby victims in all of South Carolina, most of Florida and North Carolina, part of Georgia and all of Vermont
On August 9, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in four states (South Carolina, Florida, North Carolina and Georgia) affected by Hurricane Debby. On August 13, 2024 the IRS announced tax relief for individuals...
IRS provides tax relief to Minnesota victims of severe storms, flooding
On August 12, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in 25 Minnesota counties affected by severe storms and flooding that began on June 16, 2024. These taxpayers now have until February 3, 2025, to file various...