This series of frequently asked questions (FAQs) provide answers to questions the AICPA is hearing from their members about the various tax-related relief packages pertaining to the coronavirus (COVID-19).
Congress is on the verge of passing additional COVID relief legislation. ABC needs your help advocating on behalf of hardworking Americans and valued small businesses nationwide in order to safeguard important business operations.
The IRS reviewed its collection activities to see how it could provide relief for taxpayers who owe taxes but are struggling financially because of the pandemic.
The IRS reminds taxpayers gift cards are for gifts, not for making tax payments. Read more to find out how this scam usually happens.
Taxpayers who receive certain types of income may have backup withholding deducted from these payments. Backup withholding can apply to most payments reported on certain Forms 1099 and W-2G.
The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2021.