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IRS Ruling Lets High-Deductible Health Plans Cover Coronavirus Costs

IRS Ruling Lets High-Deductible Health Plans Cover Coronavirus Costs

by WORSHAM INSURANCE & TAX SERVICE INC | Mar 16, 2020 | Tax News

With the United States beginning to feel the effects of the coronavirus pandemic, many taxpayers will have to confront another harsh reality: how to pay for the advanced medical care that could be needed to save their lives.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Wants Farmers and Fishermen to Remember March 2 Deadline

IRS Wants Farmers and Fishermen to Remember March 2 Deadline

by WORSHAM INSURANCE & TAX SERVICE INC | Mar 13, 2020 | Tax News

If any of your clients make two thirds of their gross income from farming or fishing, they may need to file a Form 1040 and pay tax due on Monday.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Allowing Fraudulent Credits to Go Through, Audit Finds

IRS Allowing Fraudulent Credits to Go Through, Audit Finds

by WORSHAM INSURANCE & TAX SERVICE INC | Mar 13, 2020 | Tax News

The federal office tasked with overseeing the Internal Revenue Service says fraudulent claims for refundable credits are going through – in spite of the tools Congress gave the agency to stop them.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Highlights the Credit for Other Dependents

IRS Highlights the Credit for Other Dependents

by WORSHAM INSURANCE & TAX SERVICE INC | Mar 13, 2020 | Tax News

The IRS is continuing its taxpayer-education outreach by highlighting the Credit for Other Dependents in a recent press release.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tennessee Tornado Victims Get Tax Relief from IRS

Tennessee Tornado Victims Get Tax Relief from IRS

by WORSHAM INSURANCE & TAX SERVICE INC | Mar 13, 2020 | Tax News

Victims of the recent tornadoes that swept through Tennessee have gotten some tax relief from the Internal Revenue Service.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Ways and Means to IRS: Will COVID-19 Delay Filing Deadline?

Ways and Means to IRS: Will COVID-19 Delay Filing Deadline?

by WORSHAM INSURANCE & TAX SERVICE INC | Mar 13, 2020 | Tax News

The House Ways and Means Committee yesterday sent a letter to the Internal Revenue Service to ask whether the April 15 deadline should be extended due to concerns about the coronavirus.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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