by taxPRO Websites Staff | Aug 5, 2020 | Tax Tips and News
The Internal Revenue Service is changing the guard in its Criminal Investigation (CI) division. James Lee, the current deputy chief of the division and a 25-year IRS veteran, will take the reins from retiring Chief Don Fort.… Read more about James Lee to Lead IRS...
by taxPRO Websites Staff | Aug 4, 2020 | Tax Tips and News
The Internal Revenue Service has good news for taxpayers restoring historic buildings. Last week, the agency announced that they have granted additional time to qualify for the Rehabilitation Tax Credit to mitigate logistical issues arising from the coronavirus...
by taxPRO Websites Staff | Jul 30, 2020 | Tax Tips and News
Taxpayers can dip into Coronavirus Aid, Relief, and Economic Security Act-specified retirement accounts without suffering a penalty, according to an Internal Revenue Service press release published yesterday. This reminder comes just days after the $600 unemployment...
by taxPRO Websites Staff | Jul 29, 2020 | Tax Tips and News
The Tax Cuts and Jobs Act (TCJA) of 2017 famously adjusted the income tax brackets and lowered the corporate tax rate to 21 percent, but the sweeping legislation contained a host of tax-related changes.… Read more about Businesses Get Final Regulations, Additional...
by taxPRO Websites Staff | Jul 28, 2020 | Tax Tips and News
The second week of “Working Virtually” focuses on multi-factor authentication (MFA). While included in the “Security Six” protections highlighted last week, the Summit is specifically namechecking MFA for one simple reason: It works.… Read more about Security Summit...
