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By: Ruth R. Wiseman, Esq. and Melissa A. Brennan On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES”) Act. The act has created numerous initiatives to help individuals and businesses navigate financial problems resulting from the Covid-19 Pandemic. The details related to many of those programs have been highlighted in numerous blogs and
The IRS has issued a warning to taxpayers to be cautious about phishing scams pertaining to IRS payments during the COVID-19 pandemic. These scams can lead to serious tax-related fraud and identity theft. Taxpayers should be mindful of this if they receive any phone calls, emails, text messages, social media or website requests for money or personal information. Taxpayers are
There have been a significant number of recent IRS updates that impact taxpayers from both a controversy and compliance perspective. While our focus is to always provide the absolute best tax controversy updates and counsel for our clients, the IRS is currently modifying many current compliance procedures in the wake of the pandemic that are important to pass on to