by Lisa Monk & Associates LLC | Apr 16, 2020 | Tax Tips and News
“Unlike any other filing season, the IRS is having to take unprecedented and drastic actions to address Coronavirus Disease 2019 (COVID-19) to protect the health and safety of its employees and the taxpaying public.” With that, the Treasury Inspector General for Tax...
by Lisa Monk & Associates LLC | Apr 14, 2020 | Tax Tips and News
The Internal Revenue Service says it is extending additional tax deadlines for individuals and businesses. This latest Notice 2020-23, builds on the original announcement that taxpayers have until July 15 to file and pay federal income taxes. No penalties or interest...
by Lisa Monk & Associates LLC | Apr 12, 2020 | Tax Tips and News
The IRS unveiled a new online tool to help non-filers register to receive an Economic Impact Payment (EIP): the “Non-Filers: Enter Payment Info Here” feature on IRS.gov. This new resource was quickly developed to help more qualifying Americans receive their payment,...
by Lisa Monk & Associates LLC | Apr 11, 2020 | Tax Tips and News
Internal Revenue Service suggests that taxpayers e-file their tax returns instead. In a press release encouraging taxpayers to electronically file their tax returns, the Internal Revenue Service yesterday evening said that it was not currently processing paper tax...
by Lisa Monk & Associates LLC | Apr 10, 2020 | Tax Tips and News
Erin Collins apparently loves a challenge. Collins, recently named the new National Taxpayer Advocate, has started her new position ahead of time in order to provide the Taxpayer Advocate Service (TAS) with complete leadership during this unsettled time. Collins’...