IRS enforcement is largely on hold. If you have tax problems, you may be tempted to wait and see if your tax issues will escape notice. But there are several reasons to resolve your tax issues now and not wait for the IRS to begin collections again. First, the IRS may still take collection action in some cases. While the…
Professional But Personal Legal Services To Give You Peace Of Mind In Your Business And Tax Matters
Month: April 2020
IRS Help for Employers/Small Businesses Suffering Economic Impacts Due to Coronavirus
News is coming out daily, and it can be hard to keep up. While IRS, Department of Labor and Department of Treasury are all scrambling to try to help businesses in this uncertain climate, the piecemeal releases of information can be overwhelming and confusing. Here I’ve compiled a summary of the tax credits available for businesses as of now: Employee…
What You Want to Know About Economic Impact Payments
Let me begin by saying that the information contained in this blog is the most current information available at the time of publication. I will do my best to post updates if and when they are released by the Department of Treasury or IRS. For the latest information, you can also go to irs.gov/coronavirus. Q: Do I need to “sign…