Tax Blog

Tips to help you prepare for tax season

Eligible PPP Expenses Are Now Deductible

Eligible PPP Expenses Are Now Deductible

The Internal Revenue Service has eased the cost of participation in the Paycheck Protection Program (PPP) by allowing deductions for the payment of eligible expenses.… Read more about Eligible PPP Expenses Are Now Deductible (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Go to IRS.gov for Answers to EIP Questions

Go to IRS.gov for Answers to EIP Questions

The second set of Economic Impact Payments are already showing up in eligible Americans’ bank accounts, but some may encounter problems with their direct payment. Rather than picking up the phone, the Internal Revenue Service today advised taxpayers to instead visit the IRS website for answers since “IRS phone assistors do not have additional information beyond what’s on IRS.gov.”… Read more about Go to IRS.gov for Answers to EIP Questions (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Treasury Has Started Sending $600 Payments

Treasury Has Started Sending $600 Payments

The Treasury Department and Internal Revenue Service yesterday evening announced that the next set of Economic Impact Payments are officially on the way. According to the IRS release, the agency aimed to start direct deposits later that night and send the first round of paper checks today.… Read more about Treasury Has Started Sending $600 Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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