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...
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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...
IRS tax relief now available to Hurricane Debby victims in all of South Carolina, most of Florida and North Carolina, and part of Georgia
On August 9, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in four states affected by Hurricane Debby. These taxpayers now have until February 3, 2025, to file various federal individual and business tax returns and make...
New Rule Proposed By DEA Rescheduling Cannabis To Allow Businesses More Deductions With IRS Receives Support From Legislators
New Rule Proposed By DEA Rescheduling Cannabis To Allow Businesses More Deductions With IRS Receives Support From Legislators The prime benefits of classifying cannabis as a Class 3 substance is that the Federal government would recognize medical benefits of cannabis,...
What To Do If Someone Dies While They Have A Lawsuit Pending Or A Lawsuit Needs To Be Brought On Behalf Of A Decedent?
Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...
Is your inheritance from a deceased family member’s estate held up due to the decedent’s outstanding tax returns or outstanding tax liabilities? Read this for your options …
Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...