In 2019-2020, FBAR Penalty Enforcement is at an all-time high. If a person does not timely file their annual FBAR with FinCEN in the current year, they may be subject to FBAR Penalties — but the penalties may be reduced or even eliminated through reasonable...
Taxpayers have a variety of options to consider when paying federal taxes. This year, in response to the COVID-19 pandemic, the filing deadline and tax payment due date was postponed from April 15 to July 15, 2020. All payment options are available...
The White House has a plan to send your second stimulus payment faster than the first check went out. We worked out some possible dates of when this might happen, whenever Washington agrees on a new stimulus package. The debate over the next stimulus package seemed no...
What is today’s status on the next check for Americans and how soon could you get the second payment from the IRS? The Senate proposal for the next stimulus package will be revealed on Monday, according to Senate Majority Leader Mitch McConnell and it will come...
This special edition of Outreach Connection is dedicated to resources and materials aimed to help reach millions of low-income people, the homeless and others who aren’t required to file a tax return but may be eligible for an Economic Impact Payment of $1,200 or...
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