To continue to allow employers to take immediate advantage of various credits enacted in response to the COVID-19 pandemic, the IRS is permitting eligible employers who pay qualifying wages to retain an amount of the payroll taxes equal to the amount of qualifying wages that they paid, rather than deposit them with the IRS. Monday’s […]
The House of Representatives passed the American Rescue Plan Act, H.R. 1319, on Wednesday by a vote of 220–211. It now goes to President Joe Biden for his signature. He is expected to sign it quickly. Read Full Story.
HOUSTON – Here’s a little help for homeowners who have property damage from last week’s severe weather. The Harris County Appraisal District says you can apply for a temporary disaster exemption. A change in state law after Hurricane Harvey allows a property that is at least 15% damaged by a governor-declared disaster area to receive a […]
TEXAS — Victims of winter storms that began February 11, 2021 now have until June 15, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Read Full Story.