Blogs by Jonathan D. Mishkin
Coronavirus Aid, Relief, and Economic Security (“CARES”) Act
Employers can defer payroll payments and get an employee retention credit– For employer payroll tax payments that would otherwise be due before January 1, 2021, ...
How Your 2019 Tax Return Affects the Amount of Your Stimulus Check
The U.S. government passed a $2 trillion stimulus plan on Friday, March 27, 2020. Now the U.S. Government is preparing to send stimulus payments to ...
Good News For Taxpayers Who Owe Tax Debt – IRS Announces Expanded Relief “People First Initiative”
Wednesday, March 25, 2020 - Taxpayers concerned about paying or settling tax debt were treated to good news from the IRS. Today, the Service announced ...
IRS POSTPONES APRIL 15 TAX FILING DEADLINE UNTIL JULY 15
Secretary of Treasury, Steve Mnuchin, announced by Tweet that the IRS was postponing the April 15 tax filing deadline until July 15, now matching the ...
IRS Announces Fee Waiver for Taxpayers Making An Offer In Compromise
Amid the coronavirus crisis, the IRS announced regulations granting low-income taxpayers an avenue to waive the $205 fee imposed on Offers In Compromise (OIC) applications. ...
Child Care Subsidy for Beaverton School District Attendance Area
Washington County has secured a grant through the federal CARES Act to provide child care subsidies to parents/guardians. The Beaverton School District will be distributing ...
Taxpayer First Act Continued
Continuing from our post on Wednesday, here's additional information that we thought would be important to share! IRS must give notice of intent to contact ...
Tax First Act
H.R. 3151, the “Taxpayer First Act” was signed into law on July 1, 2019, to modernize and improve the Internal Revenue Service. The Taxpayer First ...
Considerations for Utilizing C Corporations Under New Tax Law
While the reduced 21% tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been wonderful news for these entities and ...