by Lisa Monk & Associates LLC | Mar 31, 2020 | Tax Tips and News
COVID-19 has disrupted life for Americans across the country, and as we’ve seen in recent weeks, the tax industry is not immune to change. To limit the number of physical documents handled by IRS employees, the IRS announced that it has adjusted its policy regarding...
by Lisa Monk & Associates LLC | Mar 31, 2020 | Tax Tips and News
Distribution of the federal government’s economic impact payments, meant to counter the economic effects of the coronavirus pandemic in the U.S., is scheduled to start in the coming weeks, according to the U.S. Treasury Department. No action is required on the part of...
by Lisa Monk & Associates LLC | Mar 30, 2020 | Tax Tips and News
As taxpayers face multiple challenges posed by the COVID-19 outbreak, the IRS has unveiled a large series of steps providing relief on a number of fronts, ranging from easing payment guidelines to postponing compliance actions. “The IRS is taking extraordinary...
by Lisa Monk & Associates LLC | Mar 29, 2020 | Tax Tips and News
Do not respond to phone calls or emails asking for information or payments to process your stimulus check! The ink hasn’t dried on the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress this week, but the tax industry is...
by Lisa Monk & Associates LLC | Mar 27, 2020 | Tax Tips and News
Phone Support for Practitioner Priority Service, e-Services Help Desk, and e-Services FIRE and AIR are temporarily down. Businesses across the country are grappling with the challenges of limiting social contact, and the Internal Revenue Service is no exception....
