by Patricia Parrilla Tax Services | Aug 29, 2020 | Tax Tips and News
The Internal Revenue Service has approved the use of e-signatures on certain forms that can’t be filed electronically. The move comes in response to the coronavirus pandemic, in order to protect the health of taxpayers and tax professionals alike. The change helps...
by Patricia Parrilla Tax Services | Aug 27, 2020 | Tax Tips and News
Some 50,000 individuals who had a portion of their Economic Impact Payment diverted to pay their spouse’s past-due child support will soon get a check to make up the difference. The Internal Revenue Service says the catch-up payments are due to be issued in...
by Patricia Parrilla Tax Services | Aug 26, 2020 | Tax Tips and News
Taxpayers in California and Iowa have a little extra time to file their tax returns and pay tax due, thanks to relief measures announced by the Internal Revenue Service. Victims of California wildfires getting IRS disaster relief. California has been hit by a series...
by Patricia Parrilla Tax Services | Aug 25, 2020 | Tax Tips and News
IRA owners, beneficiaries and workplace retirement plan participants who got a Required Minimum Distribution (RMD) this year have until Aug. 31 to rollover or repay the distribution in order to avoid being taxed on the payments. The Coronavirus Aid, Relief, and...
by Patricia Parrilla Tax Services | Aug 22, 2020 | Tax Tips and News
The Internal Revenue Service and its partners on the Security Summit are reminding the nation’s tax professionals that having a written information security plan is more than just a good idea—it’s the law. The Security Summit is made up of representatives from the...