Hunting, Fishing Tax Hits the Mark
![Hunting, Fishing Tax Hits the Mark](/media/2450/hunting-fishing-tax-hits-the-mark.jpg?anchor=center&mode=crop&width=1024&height=576&rnd=132326468740000000)
The Tax Foundation found that an excise tax on firearms and other hunting and fishing gear is feeding tax proceeds back into projects that ultimately benefit outdoorsmen paying the tax.…
The Tax Foundation found that an excise tax on firearms and other hunting and fishing gear is feeding tax proceeds back into projects that ultimately benefit outdoorsmen paying the tax.…
While non-filers receiving Supplemental Security Income (SSI) and Veterans Affairs (VA) benefits are scheduled to automatically get a $1,200 Economic Impact Payment, the IRS says beneficiaries need to report qualifying dependents before May 5, 2020, to receive an additional $500 per qualifying child with their EIP.…
Read more about EIP Alert: May 5 Deadline for SSI and VA Beneficiaries with Dependents
The U.S. Treasury Department and the Internal Revenue Service say they’ve delivered 88 million stimulus payments to taxpayers during the first three weeks of the program.…
The CARES Act removes an ACA limitation on using FSA, HSA, and HRA funds to pay for over-the-counter medication.…
Read more about Can I Buy OTC Medication with FSA, HSA, and HRA Funds?
The IRS announced that today’s “Economic Impact Payment Discussion” webinar has been postponed.…
The Internal Revenue Service yesterday published a release outlining tax-relief measures that the agency is taking for individuals and businesses whose tax residency could be affected by coronavirus-related travel restrictions.…
Read more about IRS Outlines Tax Relief for Individual, Business Travel Disrupted by COVID-19
Social Security Administration (SSA) and Railroad Retirement Board (RRB) beneficiaries with dependents need to report that information to the IRS before April 22 at noon to receive $500 for each qualifying child at the same time as their $1,200 EIP.…
Read more about EIP Alert: April 22 Deadline for SSA and RRB Beneficiaries with Dependents
The Internal Revenue Service announced that the Centralized Authorization File (CAF) service will be unavailable “until further notice" due to the coronavirus epidemic.…
The Federal Register from Thursday, April 16 included proposed rulemaking that would reduce the cost of applying for and renewing a Paid Tax Identification Number from $33 with a $17 third-party fee to $21 with a $14.95 third-party fee.…
We were impressed by how straightforward the entire process is.…