Finance2017-09-05T09:34:18-08:00
206, 2020

IRS: Form 1040-X electronic filing options coming this summer

By |June 2nd, 2020|Finance|Comments Off on IRS: Form 1040-X electronic filing options coming this summer

The Internal Revenue Service reports later this summer taxpayers will for the first time be able to file their Form 1040-X, Amended U.S Individual Income Tax Return, electronically using available tax software products. Making the 1040-X an electronically filed form has been a goal of the IRS for a number [...]

2805, 2020

Amid COVID, Barona Resort & Casino start phased re-opening

By |May 28th, 2020|Finance|Comments Off on Amid COVID, Barona Resort & Casino start phased re-opening

After being shuttered for two months due to the COVID-19 pandemic, Barona Resort & Casino began to re-open to the public in phases on Wednesday, May 27. In response to the pandemic, Barona Resort & Casino closed in mid-March to protect the health and safety of its players, staff, Tribal [...]

2605, 2020

Amid COVID tax pros can choose up to 30 webinars beginning July

By |May 26th, 2020|Finance|Comments Off on Amid COVID tax pros can choose up to 30 webinars beginning July

The Internal Revenue Service said its 2020 IRS Nationwide Tax Forums will be held virtually with a series of live-streamed webinars beginning in July. "Given restrictions on large gatherings and difficulties with travel, we've decided to present the IRS Nationwide Tax Forums in a virtual format this year," IRS Commissioner [...]

1905, 2020

IRS offers Economic Impact Payments info in other languages

By |May 19th, 2020|Finance|Comments Off on IRS offers Economic Impact Payments info in other languages

The Internal Revenue Service has created the availability of additional material for partner groups sharing information related to Economic Impact Payments, including a new toolkit in Spanish and a variety of other print and visual items available. Even with more than 130 million Economic Impact Payments delivered to date and [...]

1205, 2020

3 new credits available to many businesses hit by COVID-19

By |May 12th, 2020|Finance|Comments Off on 3 new credits available to many businesses hit by COVID-19

The Internal Revenue Service says employers affected by COVID-19 have three important new credits available to them. Employee Retention Credit: The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible [...]

505, 2020

Deadline approaches for VA, SSI recipients who don’t file tax return, have dependents

By |May 5th, 2020|Finance|Comments Off on Deadline approaches for VA, SSI recipients who don’t file tax return, have dependents

The Internal Revenue Service is reminding Supplemental Security Income and Department of Veterans Affairs beneficiaries to act by Tuesday, May 5, if they didn't file a tax return in 2018 or 2019 and have dependents so they can receive the full amount of their Economic Impact Payment. Their $1,200 payments [...]