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Source: Journal of Accountancy
Nov 3, 20201 min read
IRS announces help with tax debt
The IRS on Monday announced a new program, the Taxpayer Relief Initiative, to help taxpayers who are unable to pay their taxes because ...
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Mike Shakoori
Oct 10, 20201 min read
PPP loan forgiveness simplified for loans of $ 50,000 or less
Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified...
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Mike Shakoori
Oct 10, 20201 min read
With Oct. 15 looming, some practitioners face daunting challenges
With that tax filing deadline looming, the pandemic continues to disrupt people’s lives. Many tax practitioners are trying to manage ...
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Mike Shakoori
Oct 10, 20201 min read
IRS releases modified rules on business meals and entertainment deduction
IRS. Sec. 274(a)(1)(A) generally disallows a deduction for any activity of a type generally considered entertainment, amusement, or...
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