IRS Updates FAQs to Address Payments to Deceased, Other Non-Eligible Recipients
The IRS has updated its FAQs on the CARES Act economic impact payments to reflect that the deceased (as well ...
Tag: IRS
IRS Issues 88 Million Economic Impact Payments as of April 17
A total of 88 million Americans received economic impact payments totaling $158 billion within the first three weeks of the ...
ABA Joins Broad Coalition Seeking Clarity on Garnishment of Economic Impact Payments
The American Bankers Association today joined a broad coalition of financial trade and consumer organizations in a letter to congressional ...
IRS Launches Online Economic Impact Payments Tool to Check Status, Provide Payment Info
As previously reported, the Internal Revenue Service today launched a second online tool that enables consumers who have previously filed ...
IRS Offers Coronavirus Resources on Economic Impact Payments, Fraud
With the government soon to be releasing economic impact payments to individuals and families, the IRS has created several resources ...
IRS Issues FAQs on Filing Date Extension, Clarifies Due Date for IRA, HSA Contributions
The IRS has issued a set of frequently asked questions related to the recently announced delay in filing dates for ...
ABA Seeks Exemption for Banks from EIN Application Requirements for Trusts, Estates
The American Bankers Association wrote to the Internal Revenue Service last week seeking relief from certain aspects of the new ...
IRS Issues Guidance on Reporting of Mortgage Insurance Premiums
The IRS on Friday issued important guidance on how banks and other servicers of mortgage loans must report the deductibility ...
IRS Issues a Package of Proposed, Final Tax Regulations
In a move long awaited by taxpaying firms with international operations, the Internal Revenue Service and the Treasury Department late ...
ABA Submits Feedback on Proposed Income Inclusion Regulations
ABA this week filed a comment letter on regulations proposed by the IRS on the timing of income inclusion under ...
