Tax Blog
Tips to help you prepare for tax season
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The latest tax tips and news from WORSHAM TAX SERVICES
IRS Ruling Lets High-Deductible Health Plans Cover Coronavirus Costs
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
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
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
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
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?
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…
