Tax

Isberg on deferral screen.jpg
Daniel Hood
September 8, 2020 11:30 AM

ADP's Pete Isberg explains what we know about payroll tax deferral -- and what we don't.

1 Min Read
Capitol building in Washington, D.C.
Michael Cohn
September 8, 2020 11:29 AM

Democrats on the tax-writing House Ways and Means Committee introduced a bill to overturn President Trump’s executive action to defer payroll tax contributions, along with a resolution of disapproval that’s being coordinated with Democrats in the Senate.

5 Min Read
opportunity-zone-sheffield-illinois.jpg
Blake Christian
September 2, 2020 2:43 PM

Opportunity zones may just be the perfect vehicle to deliver economic relief to the areas hardest hit by the coronavirus pandemic — both short term and long term.

6 Min Read
Paychex office
Michael Cohn
September 1, 2020 3:58 PM

As COVID-19 lockdown restrictions eased, New York, New Jersey and Pennsylvania businesses benefited.

6 Min Read
Treasury Department building
By Mark Niquette
September 1, 2020 11:29 AM

The Trump administration said it’s recovered almost 70 percent of $1.6 billion in relief payments mistakenly sent to dead people.

2 Min Read
IRS headquarters in Washington, D.C.
IRS
By Laura Davison and Allyson Versprille
August 28, 2020 6:20 PM

The Internal Revenue Service issued some eagerly anticipated guidance on President Trump's executive order.

2 Min Read
irs-headquarters-american-eagle-sign.jpg
IRS
Michael Cohn
August 28, 2020 11:10 AM

The Internal Revenue Service is temporarily allowing the use of digital e-signatures on some forms that can’t be filed electronically.

4 Min Read
President Donald Trump applauds while walking to Marine One on the South Lawn of the White House.
By Laura Davison and Allyson Versprille
August 26, 2020 10:10 AM

The U.S. Treasury Department still has yet to tell companies how to handle President Donald Trump’s order delaying the due date for employee payroll taxes, leaving major employers like Walmart Inc. in the lurch.

3 Min Read
IRS building 2
IRS
Michael Cohn
August 25, 2020 4:58 PM

The Internal Revenue Service plans to send approximately 50,000 “catch-up” economic impact payments.

1 Min Read
draft-1040-2020-page1.jpg
Michael Cohn
August 24, 2020 3:23 PM

Several significant changes are probably in store for next tax season.

2 Min Read