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What Is A 1098-F Form?

Under federal law, specifically the 2017 Tax Cuts and Jobs Act, State Agencies, including state treasury departments or state revenue departments, are now obligated to disclose specific amounts related to fines, penalties, and other monetary obligations resulting from a lawsuit,…

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COVID-19 Business Relief Loans and IRS Updates

On March 27, 2020, President Trump signed into law the CARES Act, which provides assistance for small business owners (fewer than 500 employees). Below are the highlights of two programs available for small businesses, as well as recent IRS updates.  Funds are being…

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Trouble Contacting the IRS

Having trouble with the IRS? Having difficulty getting through to them? You’re not alone. According to the National Tax Payer Advocate, an independent organization within the IRS, phone lines to reach the IRS for taxpayers who want to make payment…

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