IRS, Nonprofits Remind Taxpayers About Deduction

The IRS, the Independent Sector, and the National Council of Nonprofits are this week reminding non-itemizers that charitable contributions made this year may qualify for a tax deduction. This temporary rule comes from a provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was designed to help cash-strapped nonprofits during the pandemic.… Read more about IRS, Nonprofits Remind Taxpayers About Deduction (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

2020 Recovery Rebate Credit FAQs Updated

The Internal Revenue Service has updated its online information with the aim of helping individual taxpayers qualify for Economic Impact Payments (EIPs) if they didn’t already get one.… Read more about 2020 Recovery Rebate Credit FAQs Updated (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tips for Protecting Your EFIN

Tax professionals have been in the crosshairs of cybercriminals for some time now, and it’s only getting worse. Now, the crooks are casting their nets, not only for client data, but to snare vital data of the tax pros themselves.… Read more about Tips for Protecting Your EFIN (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…