by Rupinder | Mar 26, 2020 | Uncategorized
Washington, DC, March 26, 2020—Late Wednesday, March 25, 2020, the Senate passed an unparalleled $2.2 trillion economic rescue package providing aid to businesses, workers, and health care systems, suffering from the huge economic effects caused by the coronavirus...
by Rupinder | Mar 25, 2020 | Uncategorized
Today, the IRS announced the new People First Initiative, a new series of steps to help taxpayers with the challenges of the COVID-19 pandemic. Taxpayers can expect the IRS to offer tax relief on a variety of issues like easing payment guidelines and postponement of...
by Rupinder | Mar 25, 2020 | Uncategorized
The IRS has updated the FAQ page for filing and payment deadline extensions outlined in Notice 2020-18. The FAQ page will be updated periodically from this point to reflect any new information or IRS notices. Visit the FAQ. The IRS has also created a new page to keep...
by Rupinder | Mar 23, 2020 | Uncategorized
The IRS has released the following notices: IRS Notice 2020-18 officially states, “For an Affected Taxpayer, the due date for filing Federal income tax returns and making Federal income tax payments due April 15, 2020, is automatically postponed to July 15,...
by Rupinder | Mar 20, 2020 | Uncategorized
Dear NSA Members, Secretary Mnuchin has announced on Twitter that the tax filing deadline has been extended to July 15, 2020. See the tweet here....
