by taxPRO Websites Staff | Feb 5, 2021 | Tax Tips and News
Thanks to recent legislation, U.S. corporations can deduct up to 100% of their contributions to relief effort for a qualified disaster. They are also getting a break on how they have to document it.… Read more about New Law Hikes Deduction Limit for Corporate Cash...
by taxPRO Websites Staff | Feb 4, 2021 | Tax Tips and News
The nation has been weathering nearly one million weekly initial unemployment claims since the beginning of the pandemic. For many qualifying Americans, unemployment insurance benefits are the only thing preventing food insecurity and homelessness while trying to find...
by taxPRO Websites Staff | Feb 3, 2021 | Tax Tips and News
Let’s face it: The COVID-19 pandemic has wreaked havoc for millions of American families. Above and beyond the human toll is the damage done to family finances as people try to keep their heads above the rising floodwaters of unexpected medical costs, job losses, and...
by taxPRO Websites Staff | Jan 30, 2021 | Tax Tips and News
For some time now, Internal Revenue Service Commissioner Chuck Retting has been declaring 2021 as the year his agency transforms the user experience of the American taxpayer.… Read more about IRS Creates New Position: Chief Taxpayer Experience Officer (Feed generated...
by taxPRO Websites Staff | Jan 29, 2021 | Tax Tips and News
Small and midsize companies have been particularly hard hit over the past year by COVID-19. And while those employers been stretched to their limits by paying out large sums for sick leave and family leave due to the pandemic, some help is available.… Read more about...
