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For Business Owners with COVID, Virus is Just One Struggle

For Business Owners with COVID, Virus is Just One Struggle

When Chris Hyland caught the coronavirus, his ordeal went beyond being sick and exhausted — he couldn’t help his business partners manage the virus’s impact on their company just as the outbreak was sweeping ...

Little-known COVID-related tax benefits could save small businesses a bundle this year

Little-known COVID-related tax benefits could save small businesses a bundle this year

The CARES Act, which expires on December 31, also included a few lesser-known provisions for small businesses that could — along with some other savvy moves — significantly reduce our federal income tax bills ...

The IRS announces some new repayment relief for taxpayers with tax debt.

The IRS announces some new repayment relief for taxpayers with tax debt.

"We want people to know our IRS employees are committed to continue helping taxpayers wherever possible, including offering many options for those struggling to pay their tax bills," said Darren Guillot, the IRS Small ...

Security Summit partners warn taxpayers of new COVID-related text scam

Security Summit partners warn taxpayers of new COVID-related text scam

The Internal Revenue Service, state tax agencies and the tax industry today warned of a new text scam created by thieves that trick people into disclosing bank account information under the guise of receiving ...

Higher Taxes Could Be Nearing and How Tax Planning Will Change

Higher Taxes Could Be Nearing and How Tax Planning Will Change

A “blue wave” of Democrat victories in elections next month could upend the normal incentives for tax planning this year. Typically, taxpayers look to defer income and accelerate expenses; they would rather pay taxes ...