Below is an overview of current tax laws compared to the proposed plan put forth by Democratic Presidential Nominee Joe Biden. Overall, Biden’s proposed plan could result in substantially more [...]
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The IRS has issued a formal and expanded release on the April 15, 2020, deadline for 2019 federal income tax returns. July 15, 2020 remains the new due date for all calendar year 2019 returns for [...]
The Commonwealth of Pennsylvania Department of Revenue announced that Pennsylvania Personal Income Tax Returns may be filed and paid as late as July 15, 2020 (instead of April 15, 2020). Nothing [...]
April 15 is now July 15. The U.S. Treasury Secretary just announced that the filing date for individuals to file 2019 federal income tax returns has been postponed by ninety days to July 15, [...]
You heard it here, you might love April 15th this year! Because of the coronavirus pandemic, the IRS has postponed tax payments that would normally be payable with your 2019 tax return, which is [...]
The Internal Revenue Service (IRS) just announced that some 800 taxpayers, all of whom earn more than $100,000 each year, have not been filing income tax returns. The IRS has decided the best way [...]
In a recent case, the U. S. District Court in South Dakota confirmed that tax is as certain as death. In this case, the heirs neglected to file a timely federal estate tax return. When the return [...]
In a fascinating recent case the U.S. Tax Court taught another lesson on how taxpayers can entangle themselves in the tax web. In this case a father cheated the IRS, went to prison for the crime [...]
The House Ways and Means Committee is considering retirement plan changes. Retirement issues aren’t unpopular with the Democratic minority in the Senate. The retirement provisions can be [...]
Both the House of Representatives and the U.S. Senate are working on a tax bill which, among other changes, aims to protect taxpayers from identity theft and the tax fraud that can follow. If the [...]
