Daily News

TAS Tax Tip: Avoid Scams Offering Economic Impact Payments

Scammers are counting on confusion about the Coronavirus Tax Relief offered to taxpayers who are impacted by the Coronavirus (COVID-19) and Economic Impact Payments (EIPs). Taxpayers should be aware of the numerous scams designed to steal their money and personal information. The Internal Revenue Service (IRS) does not initiate contact with taxpayers to request any personal or financial inform...

NTA Blog: Beginning August 10th, TAS Can Assist with Correcting EIP Amounts for Limited Groups of Taxpayers

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Erin M. Collins. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. en Español While the IRS has taken extraordinary steps to quickly issue almost 160 million Economic Impact Payments (EIPs) to eligible individuals, many eligible individuals are still waiting ...

Blog de NTA: a partir del 10 de agosto, TAS puede ayudar a corregir los montos de EIP para grupos de contribuyentes limitados.

Suscríbase al Blog de la NTA y reciba actualizaciones sobre las últimas publicaciones del blog de la Defensora Nacional del Contribuyente Erin M. Collins. Se pueden encontrar blogs adicionales en www.taxpayeradvocate.irs.gov/blog. In English Aun que el IRS ha tomado medidas extraordinarias para emitir rápidamente casi 160 millones de pagos de impacto económico (EIP...

Tax Pros: Don't Miss the Taxpayer Advocate Service's 2020 Tax Forum Virtual Seminars

The 2020 Nationwide Tax Forum is now online. Join the Taxpayer Advocate Service (TAS) and thousands of other tax professionals in this new virtual environment. Earn continuing education credits by attending over 30 online educational seminars presented by IRS employees and members of professional associations. The online sessions feature the latest information from the IRS, news about tax law c...

TAS Tax Tip: Important Reminders for July 15 - Filing and Paying Taxes

 Don’t forget: The extended filing and payment deadline for 2019 taxes is Wednesday, July 15. Wednesday, July 15 is also the date when you must re-start any previously suspended payments. Filing 2019 Tax Returns All individual taxpayers and some business taxpayers must file their tax returns and pay any tax due by this Wednesday, if you didn’t already file earlier this year. ...

Blog de la NTA: Protección de los derechos de los contribuyentes que confían en las “Preguntas frecuentes” (FAQ) del IRS

Suscríbase al Blog de la NTA y reciba actualizaciones sobre las últimas publicaciones del blog de la Defensora Nacional del Contribuyente Erin M. Collins. Se pueden encontrar blogs adicionales en www.taxpayeradvocate.irs.gov/blog. In English Considere esto: en el curso de la preparación de su declaración de impuestos federales, se pregunta si un gasto particular es...

NTA Blog: Protecting the Rights of Taxpayers Who Rely on IRS “Frequently Asked Questions” (FAQs)

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Erin M. Collins. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. en Español Consider this: In the course of preparing your federal income tax return, you are wondering whether a particular expense is deductible. You go to the IRS website and find a “F...

National Taxpayer Advocate Erin M. Collins releases her first Objectives Report

National Taxpayer Advocate Erin M. Collins has released her first report to Congress, identifying taxpayer challenges arising from the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and the IRS’s implementation of the Taxpayer First Act as priority issues the Taxpayer Advocate Service (TAS) plans to focus on in the coming year. The report also analyzes ...

NTA Blog: Keep an Eye on Your Mailbox: Millions of Backlogged Notices Are Being Mailed Over the Next Few Months, Some Reflect Expired Action Dates. But Don’t Panic, See Inserts Providing Extended Due Dates

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Erin M. Collins. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. En Español As the country continues to grapple with the COVID-19 emergency, IRS campuses are reopening and employees have begun processing the work backlog, including notices.  During the...

Blog de la NTA: Vigile su buzón: se enviarán por correo millones de avisos pendientes durante los próximos meses, algunos reflejan fechas de acción vencidas. Pero no se asuste, vea los insertos que proporcionan fechas de vencimiento extendidas

Suscríbase al Blog de la NTA y reciba actualizaciones sobre las últimas publicaciones del blog de la Defensora Nacional del Contribuyente Erin M. Collins. Se pueden encontrar blogs adicionales en www.taxpayeradvocate.irs.gov/blog. In English A medida que el país continúa lidiando con la emergencia COVID-19, las oficinas del IRS están reabriendo y los emplead...

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Stocks slip as China tensions, stalled coronavirus relief overshadow job growth

Congress remains divided on COVID-19 relief, making it unlikely a deal can be struck before September....

Uber Eats grabs spotlight from ride-sharing business wounded by coronavirus

Uber Eats revenue grew 113% to roughly $1.2 billion, while bookings for the ride-sharing service tumbled 73 percent...

Dish TV bleeds subscribers while rivals benefit from COVID-19 lockdowns

Dish TV revenue slipped as the number of paid net subscribers fell for Dish TV and Sling TV....

US stock futures slip on US-China tensions

Global stocks fell Friday amid building tensions between Washington and Beijing after President Trump moved to impose new limits on two Chinese social-media apps....

NYSE owner agrees to buy mortgage-software firm Ellie Mae

The deal between Atlanta-based ICE and private-equity firm Thoma Bravo is valued at about $11 billion, including $9.25 billion in newly issued debt and $1.75 billion in stock....

News Corp posts wider loss as coronavirus pummels advertising revenue

Results were heavily affected by the pandemic as well as by a decline in revenue related to the sale of the company's supermarket-coupon business, News Corp said....

T-Mobile, AT&T enter war of words over who is America’s #2 wireless provider

T-Mobile reported year-over-year increases of $13.2 billion in service revenue and $17.7 billion in total revenue for the quarter, both driven by the merger with former competitor Sprint and the company's continued customer growth. ...

Trump re-implementing 10% tariff on aluminum from Canada

President Trump said Thursday that he has signed an order to re-implement 10% tariffs on Canadian aluminum....

Trump encouraged to delist Chinese companies that don’t comply with US accounting standards

The group suggested the SEC enhance listing standards on U.S. exchanges....

Airbus shareholders in U.S. file fraud lawsuit over disclosures, corruption probes

The proposed class action was filed by shareholder Andrew Kornecki in the federal court in Newark, New Jersey....

The image from a Georgia high school shows a packed hallway with little visible masks

Track the spread | Covid-19 Town Hall | Mask mandates ...

Analysis: Trump's vaccine timetable isn't rooted in reality

President Donald Trump is desperately hoping to turn a Covid-19 vaccine, for which the entire world is longing, into his October Surprise. ...

This rally is expecting 250,000 people. Masks aren't required

Sturgis, South Dakota, Mayor Mark Carstensen talks with CNN's John Berman about the city's upcoming motorcycle rally that expects more than a quarter of a million people to show up, during the coronavirus pandemic. ...

New York governor to announce plans for schools

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Baldwin to Trump: The numbers are strong? Look at this

CNN's Brooke Baldwin and Gloria Borger react to President Donald Trump's speech at Whirpool headquarters in Ohio, where he boasted about what his administration has done for the economy. ...

Stimulus talks on the brink of collapse

A three-hour meeting Thursday evening between senior administration officials and Democratic leaders yielded little progress as both sides seemed resigned to the likelihood that Congress won't reach a major stimulus deal amid an economic crisis. ...

At least three dead in India plane crash

• Air India plane crashes in Kerala after skidding off the runway ...

House can subpoena former White House counsel to testify, appeals court rules

• READ: Appeals court ruling on Don McGahn subpoena ...

Most US churches holding in-person services ignore this key CDC guideline

Since the coronavirus pandemic began in March, religion in the US has seemed a helter-skelter mix of legal disputes and defiant pastors, altered rites and sanctuaries as sites of contagion. ...

Video shows couple standing close to Beirut blast site

A couple standing less than 600 meters from the blast site survived the explosion in Beirut - they are now recovering in hospital. ...

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