IRS announces help with tax debt
The IRS on Monday announced a new program, the Taxpayer Relief Initiative, to help taxpayers who are unable to pay their taxes because ...
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Mike Shakoori
- Oct 10, 2020
- 1 min
PPP loan forgiveness simplified for loans of $ 50,000 or less
Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified...
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Mike Shakoori
- Oct 10, 2020
- 1 min
With Oct. 15 looming, some practitioners face daunting challenges
With that tax filing deadline looming, the pandemic continues to disrupt people’s lives. Many tax practitioners are trying to manage ...
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Mike Shakoori
- Oct 10, 2020
- 1 min
IRS releases modified rules on business meals and entertainment deduction
IRS. Sec. 274(a)(1)(A) generally disallows a deduction for any activity of a type generally considered entertainment, amusement, or...
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