But the federal government has been able to correct some of its earlier missteps, like sending millions of stimulus checks to the deceased, according to the Government Accountability Office.
Companies that took advantage of federal pandemic-relief efforts like payroll tax deferrals will face bigger bills next year.
Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.
No matter whether Trump or Biden wins in November, a new survey from PwC indicates taxes may be rising.
The AICPA believes taxpayers will be able to avoid penalties if they write “COVID-19” at the top of their return.
Mandated by the COVID-19 pandemic, remote work can also bring serious tax consequences.
A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.
The Internal Revenue Service added six more forms to the 10 that support e-signatures.
The Internal Revenue Service plans to mail out letters later this month to an estimated 9 million non-filers, encouraging them to claim their economic impact payments by an Oct. 15 deadline.
Senate leaders will be trying to hold their parties together for a vote Thursday to advance a slimmed-down stimulus bill that Democrats have already rejected, with both sides jockeying for advantage in public perceptions two months before the election.