Tax

Rich Americans are taking advantage of an unprecedented opportunity, made possible by the coronavirus pandemic, to transfer money to their children and grandchildren tax-free.

Small businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service.

As if tax season isn’t already stressful enough, the coronavirus pandemic is making things that much harder.

Red-handed; marina fees and airline tickets; similar patterns; and other highlights of recent tax cases.

Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.

The Internal Revenue Service announced that it is delaying its Special Enrollment Examination tests for Enrolled Agents due to the ongoing novel coronavirus pandemic shutting down its testing centers.

Starting in May, preparation will be free for police, firefighters, EMTs and health care workers.

The U.S. Treasury Department is planning to instruct people whose deceased relatives received coronavirus stimulus payments to return the money to the federal government, according to a department spokesman.

Cyber-safety at home; next for PPP and other relief; IDs not confidential; and other highlights from our favorite tax bloggers.

The PPP isn't the only payroll-related way the federal government is responding to the coronavirus pandemic.