IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
3 New Coronavirus Tax Benefits for Businesses
By Melanie WaddellFiling extensions, paid sick leave and more are now available for businesses.
March 26, 2020
Some Americans Could Hit Snags Getting Stimulus Cash, Planner SaysJeff Levine of Kitces.com and Buckingham Wealth breaks down the details of how direct payments and RMD waivers work in the stimulus bill.
March 24, 2020
IRS Releases FAQ on Tax Deadline ExtensionsIn particular, the deadline for 2019 IRA contributions has also been extended.
March 18, 2020
CPA Group Calls on Treasury, IRS to Extend Tax Filing Deadline"It is impossible for every taxpayer and their tax adviser to prepare returns in this environment," said AICPA's president.
March 17, 2020
IRS Delays Tax Payment Deadline for 90 DaysIndividuals can defer up to $1 million in tax payments; the administration is also considering direct payments.
March 11, 2020
HSA-Compatible Plans Can Offer No-Deductible Covid-19 Care: IRSThe IRS has provided relief from the usual deductible requirements in Notice 2020-15.
March 02, 2020
Digging Into IRS' Secure Act RMD GuidanceWhile much of the new guidance is technical in nature, understanding what we don't yet know can be important to advising clients on important questions.
February 26, 2020
Investors Need More Info From IRS on 'Unconventional' IRA Investments: GAOAssets like real estate and digital currency in IRAs can be subject to complex rules, GAO says.