Navigating Notices About Economic Impact Payments

The Internal Revenue Service has kept taxpayers’ mailboxes busy for months now, sending out notices to taxpayers about the various Economic Impact Payments that have been issued.… Read more about Navigating Notices About Economic Impact Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Has Tips for Claiming ERC in 2021

The Internal Revenue Service has issued guidance aimed at employers who claim the employee retention credit (ERC).… Read more about IRS Has Tips for Claiming ERC in 2021 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Guidance Explains Temporary Increase in Food and Beverage Deduction

The IRS has unveiled guidance that temporarily throws open the gates to recouping 100 percent of the expense for certain food and beverage purchases. The new rules for this business deduction went into effect on Jan.1 of this year.… Read more about Guidance Explains Temporary Increase in Food and Beverage Deduction (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

More Than 130 Million EIPs Have Been Sent Out with More to Come

Employees of three federal agencies are keeping very busy these days, sending out the millions of Economic Impact Payments (EIPs) to Americans in need.… Read more about More Than 130 Million EIPs Have Been Sent Out with More to Come (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…