Tax Crimes May Ensure A Conviction For Derek Chauvin, former Minneapolis police officer. https://www.forbes.com/sites/taxnotes/2020/07/30/tax-crimes-may-ensure-a-conviction-for-derek-chauvin/#5d0251503906
FORBES.COM
Tax Crimes May Ensure A Conviction For Derek Chauvin
Man Who Lost Home Over $8.41 In Back-Taxes Wins Michigan Supreme Court Case https://detroit.cbslocal.com/2020/07/28/man-who-lost-home-over-8-41-in-back-taxes-wins-michigan-supreme-case/
DETROIT.CBSLOCAL.COM
Man Who Lost Home Over $8.41 In Back-Taxes Wins Michigan Supreme Court Case
When would the IRS send the new stimulus check? The dates your second payment could come
https://www.cnet.com/personal-finance/when-would-the-irs-send-the-new-stimulus-check-the-dates-your-second-payment-could-come/
CNET.COM
Stimulus check update: How fast could the IRS send it and which priority group are you?
WAVY.COM
GOP senator to introduce bill reimbursing parents $800 for remote learning expenses
IRS gears up to target people, companies with taxes due on offshore earnings https://www.foxbusiness.com/personal-finance/irs-target-taxes-due-offshore-cash
FOXBUSINESS.COM
IRS gears up to target people, companies with taxes due on offshore earnings
Tax refund delays hit e-filers too
https://www.washingtonpost.com/business/2020/07/28/tax-refund-delay-efiling/
WASHINGTONPOST.COM
Perspective | Tax refund delays hit e-filers too
Second stimulus check: How soon might the IRS get you your money? We've mapped it out. https://www.cnet.com/personal-finance/second-stimulus-check-how-soon-might-the-irs-get-you-your-money-weve-mapped-it-out
CNET.COM
How soon the IRS could send a new stimulus check now and who would get it first
Thinking about moving to a state with lower taxes? These are the mistakes to avoid https://www.marketwatch.com/story/thinking-about-moving-to-a-state-with-lower-taxes-here-are-the-mistakes-to-avoid-2020-08-27
MARKETWATCH.COM
Thinking about moving to a state with lower taxes? These are the mistakes to avoid
California Taxpayers Can Check Out Any Time They Like, But Lawmakers Still Want To Tax Those Who Leave https://www.forbes.com/sites/patrickgleason/2020/08/31/california-taxpayers-can-check-out-any-time-they-like-but-lawmakers-still-want-to-tax-those-who-leave/#6efda6262674
FORBES.COM
California Taxpayers Can Check Out Any Time They Like, But Lawmakers Still Want To Tax Those Who Leave
How To Get Tax Free Retirement Income In 2020 https://www.forbes.com/sites/davidrae/2020/08/30/how-to-get-tax-free-retirement-income-in-2020/#dedae6b1ca47
FORBES.COM
How To Get Tax Free Retirement Income In 2020
Workers will see smaller paychecks next year under Trump's payroll tax deferral https://money.yahoo.com/workers-will-see-smaller-paychecks-next-year-under-trumps-payroll-tax-deferral-191346351.html
MONEY.YAHOO.COM
Workers will see smaller paychecks next year under Trump's payroll tax deferral
Questions Remain After IRS Rolls Out Guidance On Payroll Tax Deferral https://www.forbes.com/sites/kellyphillipserb/2020/08/28/questions-remain-after-irs-rolls-out-guidance-on-payroll-tax-deferral/#166a786f5f7c
FORBES.COM
Questions Remain After IRS Rolls Out Guidance On Payroll Tax Deferral
Can Trump write off $70K in haircuts? IRS allows tax deductions for highly unusual expenses — including fertility treatment, vasectomies and rehab https://www.marketwatch.com/story/trump-wrote-off-70000-on-hairstyling-here-are-some-of-the-most-surprising-tax-deductions-allowed-by-the-irs-2020-09-29
MARKETWATCH.COM
Can Trump write off $70K in haircuts? IRS allows tax deductions for highly unusual expenses — including fertility treatment, vasectomies and rehab
Only 13 states, have agreed not to tax workers who have moved there temporarily because of the pandemic: Alabama, Georgia, Illinois, Indiana, Massachusetts, Maryland, Minnesota, Mississippi, Nebraska, New Jersey, Pennsylvania, Rhode Island and South Carolina, according to the Association of International Certified Professional Accountants.
https://www.nytimes.com/2020/08/25/business/coronavirus-nonresident-state-taxes.html
NYTIMES.COM
Here’s How Moving to Work Remotely Could Affect Your Taxes
https://www.cnet.com/personal-finance/stimulus-checks-and-child-support-irs-lets-some-parents-double-dip-what-to-know/
CNET.COM
Stimulus checks and child support: IRS lets some parents 'double dip.' What to know
https://www.irs.gov/newsroom/irs-fights-fraud-aimed-at-charities-joins-international-awareness-week
IRS.GOV
IRS fights fraud aimed at charities, joins international awareness week | Internal Revenue Service
Here’s How Moving to Work Remotely Could Affect Your Taxes
https://www.nytimes.com/2020/08/25/business/coronavirus-nonresident-state-taxes.html
NYTIMES.COM
Here’s How Moving to Work Remotely Could Affect Your Taxes
TEMPORARY Change as part of the U.S. Treasury's COVID-19 relief program: 2020 Charitable Contribution Deduction Limits Increased
Learn more about the IRS app.
https://www.irs.gov/newsroom/irs2goapp
IRS.GOV
IRS2GoApp | Internal Revenue Service
Happy Thanksgiving Eve!
https://www.irs.gov/coronavirus/get-my-payment
Did you miss the deadline to register online for the Economic Impact Payment?
You may still be eligible to receive a payment in 2021 if:
You did not register online, by mail and did not get a payment in 2020 or,
You received a payment, but it wasn’t the full amount of the Economic Impact Payment. The maximum credit is $1,200, or $2,400 if married filing jointly, plus $500 for each qualifying child.
Then:
When you file a 2020 Form 1040 or 1040SR you may be eligible for the Recovery Rebate Credit. Save your IRS letter - Notice 1444 Your Economic Impact Payment - with your 2020 tax records. You’ll need the amount of the payment in the letter when you file in 2021.
IRS.GOV
Get My Payment | Internal Revenue Service
WTKR.COM
Extended unemployment benefits expire Saturday in Virginia
IRS ISSUES NEW GUIDANCE REGARDING CRYPTOCURRENCY
2014: The IRS issued basic guidance about cryptocurrencies, and then went silent on the issue.
2019: The IRS is hot on your trail if you bought and sold cryptocurrency and didn’t report it on your
tax return.
https://www.cnet.com/personal-finance/stimulus-check-dependents-2-proposed-changes-and-who-they-could-benefit/
CNET.COM
Stimulus check dependents: 2 proposed changes and who they could benefit
https://www.fool.com/taxes/2020/12/28/what-to-do-if-you-cant-pay-your-taxes/
FOOL.COM
What to Do if You Can't Pay Your Taxes | The Motley Fool
Earned Income Tax Credit and Child Tax Credit Change
Individuals whose 2020 earned income is less than their 2019 earned income have the option of using the 2019 amount to calculate their 2020 Earned Income Tax Credit and/or their Child Tax Credit.
The matching process will apply and refunds will be delayed to allow time to match the amount reported with the the amount entered in the previous year.
https://go.usa.gov/xAGpq
IRS.GOV
Tax resources for military members, veterans and their families | Internal Revenue Service
https://go.usa.gov/xAGVt
IRS.GOV
What taxpayers need to know to claim the earned income tax credit | Internal Revenue Service
