IRS Rules for taking distributions or loans from retirement plans due to COVID-19 The Internal Revenue Service are helping retirement plan participants affected by the COVID-19 coronavirus take [...]
Covid-19 related Tax Filing and Payment Updates Because of the Coronavirus, taxpayers have several options to schedule and pay federal taxes electronically that are due on July 15. Taxpayers with [...]
Beware of Coronavirus Related Scams The IRS is reporting a surge in new phishing schemes and scams against taxpayers. If you are contacted about your banking information by someone from the [...]
Coronavirus Related Economic Impact Payments Internal Revenue Service announced that the distribution of the economic impact payments will start in the next three weeks and will be distributed [...]
The IRS unveiled the People First Initiative in response to the Coronavirus crisis. Due to the ongoing changes with COVID-19, the IRS unveiled adjustments to their compliance program. The [...]
Larson Tax Relief was just informed by the Colorado Department of Revenue that they are not offering collection holds unless you are in an Installment Agreement. We can, however, schedule an [...]
As of Monday morning, the IRS’ call centers are down. This is probably a temporary situation. From the IRS: In response to the national emergency and to protect our employees, America’s [...]
Washington, D.C. March 21, 2020 The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the [...]
In a shockingly short period of time, the world has changed for the worse. We are all affected. We are all scared. We are all preparing for a big financial hit. No one knows how or when this will [...]
