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Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Hicks Tax Service

Hurricane Sally Victims Get IRS Tax Relief

Hurricane Sally Victims Get IRS Tax Relief

Taxpayers affected by Hurricane Sally have been given tax relief by the Internal Revenue Service. They now have until Jan. 15, 2021 to file various individual and business returns and make payment of tax due.… Read more about Hurricane Sally Victims Get IRS Tax Relief (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Spotlights Online Tax Resources for Small Business Week

IRS Spotlights Online Tax Resources for Small Business Week

The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related difficulties.… Read more about IRS Spotlights Online Tax Resources for Small Business Week (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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AICPA Renews Call for PPP Extension and Expansion

AICPA Renews Call for PPP Extension and Expansion

The American Institute of CPAs is adding its voice to others calling for an expansion of the Paycheck Protection Program (PPP) and seeks to extend the program’s lifespan.… Read more about AICPA Renews Call for PPP Extension and Expansion (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation

Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation

Anyone who has prepared tax returns professionally knows that change is the rule, not the exception. When tax laws change, the Internal Revenue Service has the unenviable task of making sense of legislation or executive actions that directly impact the tax industry.… Read more about Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Reminds Taxpayers About Extension Deadline

IRS Reminds Taxpayers About Extension Deadline

More than 150 million tax returns have been sent to the Internal Revenue Service, but many taxpayers still need to file for tax year 2019. That’s why the IRS recently reminded taxpayers that the extension deadline is less than a month away.… Read more about IRS Reminds Taxpayers About Extension Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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