NEWS FOR BUSINESSES and EMPLOYERS
IRS issues final regulations on the deduction for meals and entertainment• The IRS issued final regulations on the business expense deduction for meals …
NEWS FOR ESTATES AND NON-GRANTOR TRUSTS
IRS provides final regulations on deductions for estates and non-grantor trusts, including excess deductions on termination• The IRS issued final regulations that provide …
DISASTER NEWS
How people can reconstruct records lost in a natural disaster• Reconstructing records after a disaster is important for several reasons including insurance reimbursement …
MULTILINGUAL RESOURCES
Languages• We know that tax information can be hard to understand in any language. It can be even harder if that information isn’t …
Small Business Week
September 22 to 24 was Small Business Week. See the Small Business Week page on IRS.gov for news releases, tax tips, and Social …
TAX TIPS TO SHARE WITH YOUR CLIENTS
Terms to help taxpayers better understand Individual Retirement Arrangements• People can set up an IRA with a bank or other financial institution, a …
ECONOMIC IMPACT PAYMENTS
Here’s how to get the status of an Economic Impact Payment• Eligible individuals can visit IRS.gov and use the Get My Payment tool …
Recently Posted to the IRS Video Portal
https://www.irsvideos.gov/ Topic: Understanding Third Party Authorizations – Power of Attorney Form 848Aired: Thursday, August 27, 2020View: IRS Video Portal Topic: Tax Cuts and …
IRS Jobs
Interested in a job with the IRS? Visit their website and see what is available. https://www.jobs.irs.gov/
Virtual currency: IRS issues additional guidance on tax treatment and reminds taxpayers of reporting obligations
IR-2019-167 WASHINGTON — As part of a wider effort to assist taxpayers and to enforce the tax laws in a rapidly changing area, …