Lax eligibility requirements are raising new questions about which firms should get access to public money.
The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.
Divorce and COVID-19 each bring various tax considerations.
Republicans universally rejected a $3 trillion stimulus measure drafted by House Democrats to bolster the U.S. economy, but the draft plan has the seeds for an eventual, smaller compromise.
House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, tax breaks, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.
Residents of states such as Utah, Idaho and South Dakota collected average stimulus payments topping $1,800.
The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.
The Internal Revenue Service is giving taxpayers who want to receive their economic impact payments by direct deposit a tight deadline.
The tax prep chain is offering consulting services starting at $99.
The decision, prompted by requests from a bipartisan group of lawmakers, reverses previous IRS guidance.












