by Lisa Monk & Associates LLC | Sep 12, 2020 | Tax Tips and News
The Internal Revenue Service has good news for practitioners and taxpayers who speak a language other than English: Tax information and assistance is being translated into more languages than before. The language upgrade features a big boost to Spanish speakers, who...
by Lisa Monk & Associates LLC | Sep 10, 2020 | Tax Tips and News
The Internal Revenue Service says it will start sending out letters this month to a group of taxpayers that may have missed out on receiving Economic Impact Payments (EIPs). The letters, aimed at some 9 million Americans who don’t normally file a federal income tax...
by Lisa Monk & Associates LLC | Sep 9, 2020 | Tax Tips and News
When the Internal Revenue Service announced this summer, it was temporarily expanding the use of e-signatures on IRS forms, a number of professional tax groups applauded. One of those is the American Institute of CPAs (AICPA). Now the group is recommending the...
by Lisa Monk & Associates LLC | Sep 1, 2020 | Tax Tips and News
Businesses that were wondering how to handle the upcoming “payroll tax holiday” created by a Presidential Memorandum signed earlier this month received an answer late last week. The Internal Revenue Service published a notice that explains the upcoming Social Security...