Browse Tag

tax challenges

National EIP Registration Day: Community partners can help people sign up for Economic Impact Payment

4 mins read

The FINANCIAL — The Internal Revenue Service urged anyone who doesn’t normally file a tax return and has not yet received an Economic Impact Payment (EIP) to take advantage of “National EIP Registration Day,” on Tuesday, Nov. 10. National EIP Registration Day is part of the agency’s further concerted push with partners across the country to make sure every eligible American has registered before the Nov. 21 deadline to receive their Economic Impact Payment this year. National EIP Registration Day will take place just a few days ahead of the Nov. 21 deadline for registering online to receive an Economic…

Read More »

National EIP Registration Day: Community partners can help people sign up for Economic Impact Payment

4 mins read

The FINANCIAL — The Internal Revenue Service urged anyone who doesn’t normally file a tax return and has not yet received an Economic Impact Payment (EIP) to take advantage of “National EIP Registration Day,” on Tuesday, Nov. 10. National EIP Registration Day is part of the agency’s further concerted push with partners across the country…

IRS and tax industry warn taxpayers of a new coronavirus-related scam

3 mins read

The FINANCIAL — The Internal Revenue Service, state tax agencies and the tax industry today warned of a new text scam created by thieves that trick people into disclosing bank account information under the guise of receiving the $1,200 Economic Impact Payment. The IRS, states and industry, working together as the Security Summit, remind taxpayers…

International community addresses tax challenges that occur from digitalisation of the economy

4 mins read

The FINANCIAL — The international community has made substantial progress towards reaching a consensus-based long-term solution to the tax challenges arising from the digitalisation of the economy, and agreed to keep working towards an agreement by mid-2021, according to a Statement released today. The OECD/G20 Inclusive Framework on BEPS, which groups 137 countries and jurisdictions on an equal footing…