Brought on by the coronavirus pandemic, pending home sales decreased in April, making two straight months of declines, according to the National Association of Realtors. Every major region experienced a drop in month-over-month contract activity and a decline in year-over-year pending home sales transactions. The Pending Home Sales Index (PHSI),* [...]
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 [...]
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 [...]
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 [...]
Everything has changed. In addition to regular retail businesses, restaurants, and just about everything in between, weddings and the catering industry have been hard hit during the COVID-19 pandemic. With most states opening the above establishment up to a degree at press time, there is little doubt things have changed [...]
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 [...]
Keeping your home clean and bacteria-free is more important than ever and it just got a lot easier. Chem-Dry, carpet, and upholstery cleaning service with a network serving more than 11,000 homes and businesses a day across 55 countries has recently rolled out a specialized Sanitizing Service targeting areas of [...]
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 [...]
Traveling by bus just got a lot trickier. Greyhound Lines Inc., considered to be the largest provider of intercity bus transportation in North America, will start requiring all customers to wear a face-covering when on its buses as a precaution against the spread of COVID-19. According to a news release [...]
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 [...]
