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August 24, 2022

Funding the Internal Revenue Service and Improving Taxpayer Compliance

SEC. 10301. ENHANCEMENT OF INTERNAL REVENUE SERVICE RESOURCES. In General.–The following sums are appropriated, out of any money in the Treasury not otherwise appropriated, for the […]
January 13, 2022

Treasury Warns of Challenges this Tax Season

Treasury officials predict a number of services could be delayed because of issues related to the pandemic and budget constraints. Read the full story from the […]
May 21, 2021

COVID-19 Temporary Business Meal Deductions

On December 27, 2020, in an effort to help the restaurant industry due to the COVID-19 pandemic, lawmakers enacted a new, temporary 100 percent business meal […]
January 14, 2021

New Forgiveness Rules for Past, Current, and New PPP Money

Good news! The new Paycheck Protection Program (PPP) law enacted with the stimulus package adds dollars to your pocket if you have or had PPP money. […]