Treasury Has Started Sending $600 Payments

by | Dec 31, 2020 | Tax Tips and News

The Treasury Department and Internal Revenue Service yesterday evening announced that the next set of Economic Impact Payments are officially on the way. According to the IRS release, the agency aimed to start direct deposits later that night and send the first round of paper checks today.… Read more about Treasury Has Started Sending $600 Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

2021 Standard Mileage Rates Now Available

by | Dec 24, 2020 | Tax Tips and News

Taxpayers who expect to do some business-related driving next year will probably be happy to learn that the optional standard mileage rates for 2021 are now available from the Internal Revenue Service. Included in Notice 2021-02, the new standard mileage rates will apply on January 1, 2021.… Read more about 2021 Standard Mileage Rates Now Available (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

FTC Warns of Scams in “12 Days of Consumer Protection” Campaign

by | Dec 23, 2020 | Tax Tips and News

The Internal Revenue Service and its Security Summit partners routinely raise awareness about data security issues threatening the financial health of taxpayers. Unsurprisingly, they’re not the only agency trying to protect you from con artists.… Read more about FTC Warns of Scams in “12 Days of Consumer Protection” Campaign (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

$900 Billion in Coronavirus Relief Includes Direct Payments, Unemployment Benefits

by | Dec 22, 2020 | Tax Tips and News

According to reporting from The Hill, Congress is poised to vote on a second coronavirus relief package. The bill is expected to pass Congress and land on the president’s desk later today, greenlighting $900 billion in aid that will include direct payments, unemployment benefits, and additional Paycheck Protection Program funds.… Read more about $900 Billion in Coronavirus Relief Includes Direct Payments, Unemployment Benefits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…