The IRS has unveiled a People First Initiative to provide immediate relief to taxpayers. The IRS has initiated several steps to help those who are dealing with tax liabilities and other tax issues in these uncertain and difficult times. This is the first time in a long time we have seen the IRS go to this…

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Dear Clients, In recent news, the IRS and the President have issued statements confirming the extension of the federal tax filing deadline to July 15, 2020. The first communication came this morning in a tweet from the Secretary of the Treasury. Additional information can be found here: https://www.accountingtoday.com/news/trump-moves-tax-day-to-july-15-because-of-coronavirus You can also read the passed bill here:…

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