The Internal Revenue Service has issued Revenue Ruling 2021-01, which lays out the prescribed rates for various income tax purposes.… Read more about Guidance Released for Some Debt Instruments Issued for Property (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
A government audit says that allowing taxpayers to electronically correct their returns is more than just good customer service—it’s good business.… Read more about Expansion of E-file Self-Correction Could Cut Taxpayer Hassle and Costs (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
According to reporting from The Hill, Congress is poised to vote on a second coronavirus relief package. The bill is expected to pass Congress and land on the president’s desk later today, greenlighting $900 billion in aid that will include direct payments, unemployment benefits, and additional Paycheck Protection Program funds.… Read more about $900 Billion in Coronavirus Relief Includes Direct Payments, Unemployment Benefits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…