Final Regulations for Business Meals and Entertainment Deductions Now Available

Final Regulations for Business Meals and Entertainment Deductions Now Available

The Internal Revenue Service closed out September by announcing the publication of final regulations for the business-related entertainment deductions that were removed from section 274 by the Tax Cuts and Jobs Act.… Read more about Final Regulations for Business Meals and Entertainment Deductions Now Available (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Default Withholding Rate for Periodic Retirement and Annuity Payments Gets Final Regulations

Default Withholding Rate for Periodic Retirement and Annuity Payments Gets Final Regulations

Final regulations for the default rate of individual income withholding for certain periodic retirement and annuity payments that are made in 2021 are now available.… Read more about Default Withholding Rate for Periodic Retirement and Annuity Payments Gets Final Regulations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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…

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…