CARES Act

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.