In early 2020, the Internal Revenue Service issued Revenue Procedure 2020-11 (Rev. Proc. 2020-11) about the established safe harbor that extends relief to taxpayers who used federal or private student loans to finance attending a nonprofit or for-profit school. The relief described…
IRS updates guidance for deductible business, charitable, medical and moving expenses. . . Last week, the Internal Revenue Service posted Revenue Procedure 2019-46, which issued guidance for taxpayers with deductible expenses of operating a motor vehicle for business, charitable, medical…
Reminder: Quarterly payroll tax return due date of October 31st is approaching. With the October 31st quarterly payroll tax return due date just two days away, the Internal Revenue Service urged business owners to file their returns electronically and take advantage of the…
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At Thorgood Law Firm in New York, we are IRS attorneys dedicated to bringing legal counsel to taxpayers across the United States.
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