Weekly update on federal income tax developments
2020-09-21 Revised Form Isusued for COVID-19 Relief
The IRS publishes new draft for self-employed to claim FFCRA sick pay credits, updates the Form 941-x to allow revising second quarter and more.
2020-09-14 What is Not Part of a Signature?
IRS issues guidance on the SECURE Act retirement provisions, Tax Court finds an IP PIN is not part of a signature for electronic filing and more.
2020-09-07 Remeber the SECURE Act?
The IRS outlines information on a number of retirement plan changes adopted at the end of 2019, a minister learns a hard lesson about payroll tax rules for ministers and churches and more.
2020-08-31 Excellent Guidance to Confirm Fears
IRS issues payroll tax holiday guidance late on Friday afternoon, the SBA adds more PPP loan program guidance and more.
2020-08-24 The Week of the Two Letters
US Chamber of Commerce sends letter with issues on payroll tax holiday and Chair of Ways & Means asks IRS to slow down sending notices until the mail backlog is under control, and more.
2020-08-17 Checks Stuck in the Trailer
Taxpayer finds out the IRS won't waive the 60-day rollover period when they "borrow" money from their IRA to make a cash offer on a home and more.