CARES Act

Individuals who haven’t received their EIPs now have until Nov. 21.

At the center of President Donald Trump’s dispute with the IRS is a $72.9 million tax refund. He can thank his predecessor for that benefit.

The coronavirus pandemic is creating new exposures for accounting firms, and exacerbating others.

An inside look at how three firms handle their Paycheck Protection Program services.

We started 2020 with hopes of a solid season after a rebuilding year following the Tax Cuts and Jobs Act. Instead, this season threw us more curveballs, changeups, game delays, and empty seats than any season in history.

The Internal Revenue Service said Tuesday that lenders who make Paycheck Protection Program loans that are later forgiven under the CARES Act should not file information returns or furnish payee statements to report the forgiveness.

The cloud-based solution provides dashboard visualization and other tools for managing clients' loan forgiveness applications.

Companies that took advantage of federal pandemic-relief efforts like payroll tax deferrals will face bigger bills next year.

The pandemic may encourage business owners to ‘borrow’ from the government.

Most tax practitioners and real estate investors are aware of the depreciation-related changes to the tax code in recent years. However, because of the rapid changes to these rules, many people are less aware of the interactions between these provisions.

Requiring so little from applicants and giving so little guidance to them is virtually begging for fraudulent loan applications to be submitted or for good faith errors to be made.

Domestic and international; contractors and nonprofits; IRS big-debt help; and other highlights from our favorite tax bloggers.

The Trump administration said it’s recovered almost 70 percent of $1.6 billion in relief payments mistakenly sent to dead people.

The IRS is reminding taxpayers about the CARES Act’s waiver of required minimum distributions for 2020.

The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled.

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.

The Internal Revenue Service is giving parents another chance to list their kids so they can receive an extra $500 per child in economic impact payments under the CARES Act.

The limitation on net operating losses under the 2017 tax reform were mostly reversed in the stimulus package in March, but there are some complexities to keep in mind.

The U.S. Small Business Administration has posted rules about how businesses who have been turned down for forgiveness of their Paycheck Protection Program loans can appeal the decision.

One tax expert says the IRS proposals run contrary to the intent of the laws they’re supposed to be implementing.