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Calif. Disaster Victims Report Confusion Following IRS Notice

Weeks of record flooding and mountain snows brought on by an “atmospheric river” in California resulted in a federal disaster declaration from the Federal Emergency Management Agency (FEMA). While disaster victims received tax relief from filing and payment deadlines, some were confused after receiving notices from the Internal Revenue Service.… Read more about Calif. Disaster Victims Report Confusion Following IRS Notice (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Real Facts About Bogus Claims for the Employee Retention Credit

A new wave of advertising is churning up interest in a tax credit intended to help businesses and non-profits that tried to retain their employees during the COVID-19 pandemic. However, the ads on TV and radio, online, and even direct mail leave out a critical fact: most of the promoters’ clients won’t qualify for the credit.… Read more about Real Facts About Bogus Claims for the Employee Retention Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…