by Lisa Monk & Associates LLC | Jan 7, 2021 | Tax Tips and News
Ask most people what they thought of 2020, and the response is likely to be something like, “disastrous,” “catastrophic” — even “unprecedented.” Ask IRS Commissioner Chuck Rettig, though, and he might say 2020 was his agency’s finest hour. The just-departed year,...
by Lisa Monk & Associates LLC | Jan 5, 2021 | Tax Tips and News
The second set of Economic Impact Payments are already showing up in eligible Americans’ bank accounts, but some may encounter problems with their direct payment. Rather than picking up the phone, the Internal Revenue Service today advised taxpayers to instead visit...
by Lisa Monk & Associates LLC | Jan 1, 2021 | Tax Tips and News
The Internal Revenue Service this week published a safe harbor for the management or operation of qualified residential living facilities in Revenue Procedure 2021-9. Trades and businesses managing or operating a residential living facility—as defined in the text of...
