IRS got its “Get My Payment, Economic Impact Payment Tool” online this morning. Clients can use this tool to input direct deposit info if none on file as of now, to get faster stimulation.
Compared to last year, about 66% of the total e-filed returns that were e-filed over all of last year, have been e-filed as of first week of April.
Some highlights we wanted to share from the new 2020 Stimulus Bill from REPORTS (not the actual bill, this is just reporting).
I’m sharing 8 things Kobe Bryant taught me about tax season because I think if you take a moment to reflect on this list, you’ll start your tax season strong, and you’ll finish it even stronger.
What Does the DACA Repeal Mean for Your Tax Business? When United States Attorney General Jeff Sessions announced the immediate rescission of the Deferred Action for Childhood Arrivals program on September 5, hundreds of business leaders and entrepreneurs signed and sent a letter to the White House and Congress. This letter urged the Trump administration to reconsider the decision to terminate DACA. DACA is the rule that was put in place by the Obama Administration, granting legal residence to certain immigrants who came to the U.S. as children. Here are a few things we should know about this situation, as tax professionals…