The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.
The IRS and the Treasury Department are giving small businesses that received Paycheck Protection Program loans in the first round a way to deduct expenses they couldn’t claim last year.
The pandemic has ushered in an ultra-remote environment, complete with more video calls, more e-signing and, inevitably, more stress.
The Internal Revenue Service is suspending a requirement for taxpayers who received too much on their advance payments for the Premium Tax Credit last year to repay the excess amount.
Notice 2021-25 offers details on a provision of the COVID-19 relief package from last December that allows a temporarily larger deduction.
The majority of the latest payments went to Social Security recipients and beneficiaries.
Industry veterans are hoping that COVID brings about lasting change, while welcoming the return of some ancient finance traditions.
Virtual training and orientation, including any licensing needed, will begin in July.
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Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.
May 28
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Records obtained by Financial Planning detail dozens of worker safety complaints related to COVID. But the problem could be as much about employee relations as it is about the pandemic.
May 27 -
In a pandemic-scarred year, boards and compensation committees at 60 large and regional banks relied less on the normal performance metrics and more on qualitative criteria to determine bonus payments.
May 21 -
The move by the nation’s largest bank is likely to be under close watch as state and federal authorities start to ease pandemic restrictions.
May 17 -
After its industry-leading headcount dipped slightly during the temporary ban, the wealth manager plans to offer more resources for incoming recruits.
May 10 -
The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.
April 23 -
The IRS and the Treasury Department are giving small businesses that received Paycheck Protection Program loans in the first round a way to deduct expenses they couldn’t claim last year.
April 22 -
The pandemic has ushered in an ultra-remote environment, complete with more video calls, more e-signing and, inevitably, more stress.
April 20 -
The Internal Revenue Service is suspending a requirement for taxpayers who received too much on their advance payments for the Premium Tax Credit last year to repay the excess amount.
April 16 -
Notice 2021-25 offers details on a provision of the COVID-19 relief package from last December that allows a temporarily larger deduction.
April 8 -
The majority of the latest payments went to Social Security recipients and beneficiaries.
April 7 -
Industry veterans are hoping that COVID brings about lasting change, while welcoming the return of some ancient finance traditions.
April 1 -
Virtual training and orientation, including any licensing needed, will begin in July.
March 31 -
The Internal Revenue Service responded Tuesday to calls for extending more tax deadlines by giving taxpayers until May 17 to make IRA and HSA contributions and file some refund claims.
March 30 -
Financial advisor Christian D’Urso spends his mornings hiking, kayaking or biking, and his afternoons running a $110 million advisory business on the water.
March 25
