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Working at home and tax breaks; yet more PPP; down under; and other highlights from our favorite tax bloggers.
August 18
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The Internal Revenue Service and the Treasury plan to send interest payments averaging $18 to approximately 13.9 million taxpayers.
August 18 -
President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the U.S., proposals aimed at hastening the decoupling of the world’s largest economies.
August 18 -
The IRS is warning about the next round of annual expirations.
August 18 -
Delaying tax payments is one thing; forgiving them is another thing entirely.
August 18 -
The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.
August 17 -
The Internal Revenue Service is giving taxpayers a break if the checks they mailed in to pay their taxes still haven’t been opened up yet and are sitting in the trailers the IRS set up during the pandemic.
August 17 -
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.
August 14 -
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.
August 14
Valuation Research Corporation -
Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry.
August 14









