by Lisa Monk & Associates LLC | Oct 22, 2020 | Tax Tips and News
This week has been set aside by the Internal Revenue Service and charitable organizations across the globe to highlight their annual International Charity Fraud Awareness Week (ICFAW). The week brings together those in the charity and not-for-profit circles to raise...
by Lisa Monk & Associates LLC | Oct 21, 2020 | Tax Tips and News
Taxpayers dealing with the fallout from wildfires in California and Hurricane Delta in Louisiana yesterday received some good news from the Internal Revenue Service. Following the Federal Emergency Management Agency’s disaster declarations for affected areas, the IRS...
by Lisa Monk & Associates LLC | Oct 20, 2020 | Tax Tips and News
The Internal Revenue Service Return Preparer’s Office is reminding tax professionals about the PTIN renewal deadline and Annual Filing Season Program perks. According to the Friday IRS newsletter, the RPO is set to send two separate messages: one to all current...
by Lisa Monk & Associates LLC | Oct 16, 2020 | Tax Tips and News
The Internal Revenue Service says its Affordable Care Act Information Returns system—also known as AIR—will be unavailable over the weekend while maintenance is carried out. Under the Affordable Care Act (ACA), insurance companies, self-insured companies, and large...
by Lisa Monk & Associates LLC | Oct 16, 2020 | Tax Tips and News
The Treasury Department last week announced that the Small Business Administration is making it easier to request Paycheck Protection Program (PPP) loan forgiveness for loans that are $50,000 or less. What is the Paycheck Protection Program? The Paycheck...