IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Treasury, IRS Extend PPP Loan Grace Period
By Melanie WaddellThe safe harbor repayment date with respect to earlier "economic certifications" made by borrowers has been extended by a week.
May 01, 2020
IRS Says No Double Tax Benefits From PPP LoansNew guidance from the IRS explains tax consequences of PPP loans that are forgiven.
April 28, 2020
IRS Improves 'Get My Payment' ToolUsers can now enter direct deposit info; a Spanish version will follow in a few weeks.
April 27, 2020
IRS Provides Coronavirus Filing ReliefIndividuals and businesses, IRA rollovers get July 15 extension; new filing tools launched.
April 20, 2020
IRS Issues Warning to Non-Filers on Dependent Stimulus PaymentsIndividuals must act by Wednesday if they didn't file a 2018 or 2019 tax return, to get the $500 dependent stimulus payments.
April 17, 2020
IRS Issues FAQ on Refundable Tax Credits for Small, Midsize BusinessesThe FAQ addresses paid leave under the Families First Coronavirus Response Act.
April 15, 2020
IRS' New 'Get My Payment' Tool Frustrates UsersThe new tool was designed to let Americans check on the status of their Economic Impact Payments.
April 13, 2020
First Stimulus Checks Sent to Bank AccountsMeanwhile, senators called for clarity on which workers are eligible for emergency unemployment assistance.