by Lisa Monk & Associates LLC | Nov 10, 2020 | Tax Tips and News
Anyone who doesn’t normally file a tax return but hasn’t already received an Economic Impact Payment (EIP) is urged by the IRS to take advantage of its “National EIP Registration Day.” While the official day was marked on Nov. 10, those non-filers still without an EIP...
by Lisa Monk & Associates LLC | Nov 9, 2020 | Tax Tips and News
New guidance has been issued by the Department of the Treasury and the Internal Revenue Service for employers and employees with terminating 403(b) plans. The guidance is aimed specifically at plans that fund benefits through 403(b)(7) custodial accounts. This new...
by Lisa Monk & Associates LLC | Nov 6, 2020 | Tax Tips and News
The Security Summit yesterday reported that taxpayers are being targeted by a new series of text-message scams that impersonate state departments of revenue and tax relief organizations. An organization comprised of the Internal Revenue Service, state tax agencies,...
by Lisa Monk & Associates LLC | Nov 6, 2020 | Tax Tips and News
The Internal Revenue Service announced that some college students could qualify for an Economic Impact Payment. This press release is part of the agency’s push to get all eligible non-filers to register for an EIP before the Nov. 21, 2020 deadline, and it comes days...
by Lisa Monk & Associates LLC | Nov 4, 2020 | Tax Tips and News
The Internal Revenue Service has unveiled changes they say will help struggling taxpayers affected by the pandemic settle their IRS tax debts more easily. The agency says it took a hard look at its collection activities to see how it could offer some relief to...