IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Rejects 2 Death Benefits Groups' Requests for Tax-Exempt Status
By Allison BellBoth groups provide death benefits only for their own members.
April 09, 2020
IRS Extends More Filing Deadlines to July 15The IRS also shares guidance on tax relief under the CARES Act for those with net operating losses.
April 08, 2020
3 New Coronavirus Tax Benefits for BusinessesFiling extensions, paid sick leave and more are now available for businesses.
April 06, 2020
IRS Warns: Scammers Drooling Over Stimulus ChecksOne red flag is use of the term "stimulus check" instead of "economic impact payment."
April 01, 2020
IRS Guidance on Stimulus Payments Contradicts CARES Act, Senators WarnThey urged the IRS to correct the guidance, which states that Social Security recipients can't get a check without filing a tax return.
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.