by Rupinder | Sep 24, 2020 | Uncategorized
The IRS on September 24, 2020, sent the National Society of Accountants (NSA) a direct update containing its internal response to the CCH Axcess electronic filing outage on September 15, 2020. The IRS, in the attached Memorandum for Services and Enforcement Employees,...
by Rupinder | Sep 22, 2020 | Uncategorized
The White House and the IRS are spotlighting National Small Business Week, declared by President Trump to span September 20 through September 26, 2020. The Small Business Administration (SBA) hosts its National Small Business Week virtual conference September 22...
by Rupinder | Sep 21, 2020 | Uncategorized
Treasury and the IRS have released the second round of final regulations implementing the 100% bonus depreciation deduction. The final regulations (T.D. 9916), released on September 21, provide guidance regarding the additional first-year depreciation deduction under...
by Rupinder | Sep 18, 2020 | Uncategorized
The National Society of Accountants (NSA) supports relief of all fees and penalties associated with late returns attributable to the CCH Axcess electronic filing (e-filing) service disruption on September 15, 2020, as well as any other relief the IRS deems appropriate...
by Rupinder | Sep 16, 2020 | Uncategorized
National Taxpayer Advocate (NTA) Erin M. Collins outlined various resources available to taxpayers and practitioners during the IRS’s Small Business Forum on September 15. The IRS hosted the forum in partnership with the U.S. Chamber of Commerce and the National...
