What Is a Performance Budget?
Performance budget commonly refers to the input of resources and the output performance for an organization. Performance budget is often …Read More
Get Ready for Taxes: Stay home and stay safe with IRS online tools
The Internal Revenue Service encouraged taxpayers to take necessary actions now to help file federal tax returns timely and accurately …Read More
IRS issues standard mileage rates for 2021
The Internal Revenue Service today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating …Read More
Treasury and IRS issue final regulations on the deduction for qualified transportation fringe and commuting expenses
The Treasury Department and Internal Revenue Service issued final regulations PDF on the deduction for qualified transportation fringe and commuting expenses following changes …Read More
IRS provides tax relief for victims of California wildfires
Victims of the California wildfires that began Aug. 14 now have until Dec. 15, 2020 to file various individual and …Read More
Unemployment compensation is taxable; have tax withheld now and avoid a tax-time surprise
The Internal Revenue Service today reminded people receiving unemployment compensation that they can have tax withheld from their benefits now to …Read More
Those who missed the July 15 deadline, file now to avoid bigger bill
Some taxpayers may have extra time to file and pay any taxes due without penalties and interest. These include:
Members of …Read More
Seniors, retirees not required to take distributions from retirement accounts this year!
The Internal Revenue Service today reminds seniors and retirees that they are not required to take money out of their …Read More
IRS debunks tax refund myths
With the July 15 tax deadline now past, the Internal Revenue Service reminds all taxpayers that there is no secret …Read More
IRS provides tax relief for the low-income housing credit and bonds for qualified residential rental projects
In response to the ongoing COVID-19 pandemic, the Internal Revenue Service provided tax relief to issuers, operators, owners, and tenants …Read More