The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.
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May 7, 2020
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IRS explains how ineligible taxpayers should return their coronavirus stimulus payments
By Michael Cohn      3 min read
The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.
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IRS tells family members of deceased to return stimulus money
By Laura Davison     2 min read
The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for someone who’s deceased or incarcerated should return the money but left open the question of how the agency would enforce that.
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The IRS goes virtual to help unrepresented taxpayers
By Jeff Stimpson     1 min read
The Settlement Days program is trying out remote options in Detroit and Atlanta.
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In the blogs: A marvelous modern age
By Jeff Stimpson     3 min read
CARES changes; payroll or not payroll; what to think of the IRS; and other highlights from our favorite tax bloggers.
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Lawmakers want guidance on retention credit for employer health insurance reversed
By Michael Cohn     4 min read
Leaders of Congress’s tax-writing committees want employers to be able to continue providing health insurance to their furloughed employees and still qualify for tax credits.
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Cyber attacks threaten tax pros and accountants during coronavirus crisis
By Michael Cohn     7 min read
The pandemic is 'turning up the volume' on security risks, according to security experts.
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Reform school: Has the second season of the TCJA been easier?
By Jeff Stimpson     3 min read
Tax practitioners talk about the lessons clients are still learning about the Tax Cuts and Jobs Act.
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Inside the coronavirus-related employer tax credits and penalty relief
By Mark Watson     4 min read
There's a great deal of help for businesses in the CARES Act and the FFCRA.
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IRS taking applications for 2021 Low-Income Taxpayer Clinic grants
By Jeff Stimpson     2 min read
The deadline for submissions is June 16, 2020.
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Trump finds skeptics instead of allies for prize payroll tax cut
By Laura Davison     4 min read
President Donald Trump has fixed his sights on getting a payroll tax cut in the next coronavirus stimulus bill, but it’s unclear whether he can get Republicans — much less Democrats — to go along with such a high-cost item that likely would have only a modest impact on the economy.
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