by taxPRO Websites Staff | Dec 31, 2020 | Tax Tips and News
The Treasury Department and Internal Revenue Service yesterday evening announced that the next set of Economic Impact Payments are officially on the way. According to the IRS release, the agency aimed to start direct deposits later that night and send the first round...
by taxPRO Websites Staff | Dec 30, 2020 | Tax Tips and News
The president signed H.R. 133, or the Consolidated Appropriations Act of 2021, on Sunday, December 27, greenlighting $900 billion in coronavirus relief for Americans.… Read more about President Signs Second Coronavirus Stimulus, Direct Payments on the Way (Feed...
by taxPRO Websites Staff | Dec 23, 2020 | Tax Tips and News
The Internal Revenue Service and its Security Summit partners routinely raise awareness about data security issues threatening the financial health of taxpayers. Unsurprisingly, they’re not the only agency trying to protect you from con artists.… Read more about FTC...
by taxPRO Websites Staff | Dec 22, 2020 | Tax Tips and News
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,...
by taxPRO Websites Staff | Dec 15, 2020 | Tax Tips and News
The Internal Revenue Service has issued Notice 2020-86, addressing certain parts of the SECURE Act that affect safe harbor plans—including safe harbor 401(k) plans and some 403(b) plans.… Read more about New IRS Guidance Eases Burdens on Certain Safe Harbor Plans...
