Harlem’s Espaillat Announces Tax Credit To Cover Cost Of Paid Leave For Small Businesses

Representative Adriano Espaillat announced today that the IRS will continue to provide tax credits to help local small businesses cover the costs of providing paid sick and family leave for workers through September. Continue Reading →

IRS To Require Cryptocurrency Investors To Report Transfers Over $10,000

Cryptocurrency investors who think they’re out of Big Brother’s watchful eye just got a wake-up call. Continue Reading →

IRS Says Face Masks And Other COVID-19 Personal Protective Gear Is Tax-Deductible

The Internal Revenue Service (IRS) sent out a reminder to taxpayers on Friday that any money spent on personal protective equipment (PPE). Continue Reading →

Use NYC Free Tax Prep To File For Free And Keep Your Whole Refund

If you earned $68,000 or less in 2020, learn how you can file for free— including from home — with the help of an IRS-certified VITA/TCE volunteer preparer.

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IRS Urges Taxpayers From Harlem To Hollywood To Get Head Start On 2020 Tax Prep

It’s still 2020 and there’s plenty of time before the next April 15 Tax Day, but the Internal Revenue Service (IRS) is encouraging taxpayers to take necessary actions now to facilitate a timely and accurate filing of federal tax returns in 2021. Continue Reading →

IRS Unveils Revised COVID-19-Related Collection Procedures

The Internal Revenue Service (IRS) has announced changes that it says will offer relief to taxpayers impacted by COVID-19. Continue Reading →

IRS Provides Tax Inflation Adjustments For Tax Year 2021

The Internal Revenue Service (IRS) has released its 2021 inflation adjustments that affect more than 60 federal income tax provisions. Continue Reading →

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