Cormier & Rea announce additional office at 483 Summer St, Ste 2000, Arlington, MA
Blog posts concerning Federal Income Tax tips, changes, updates, news and more
Security Summit partners warn taxpayers of new COVID-related text scamThe IRS, state tax agencies and the tax industry warned of a new text scam created by thieves that trick people into disclosing bank account information under the guise of receiving the $1,200 Economic Impact Payment. National Tax Security Awareness WeekThe IRS, state tax agencies and …
Moving to protect business taxpayers from identity theft, the IRS announced that starting December 13, 2020, it will begin masking sensitive data on business tax transcripts. The announcement provides 30 days for stakeholders to make any adjustments and additional information about: What a tax transcript is What they are used for What’s visible on the …
The CARES Act and Filing Season 2020Deputy Commissioner for Operations Support Jeff Tribiano gives a behind-the-scenes look into how the IRS was able to deliver Economic Impact Payments and other tax relief to help Americans during the COVID-19 outbreak while simultaneously executing a highly successful filing season. Electronic signature options will simplify third-party authorizationsSubmitting Form …
The Work Opportunity Tax Credit is a valuable tax credit available to employers who hire long-term unemployment recipients and others certified by their state workforce agency if the individual began or begins work for the employer after December 31, 2014, and before January 1, 2021.