Tax Practice: H&R Block to offer free tax prep to frontline workers

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Starting in May, preparation will be free for police, firefighters, EMTs and health care workers. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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Tax Practice

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April 30, 2020

H&R Block to offer free tax prep to frontline workers

By Jeff Stimpson 1 min read

Starting in May, preparation will be free for police, firefighters, EMTs and health care workers.

Wealthy shielded billions with Trump tax break before coronavirus pandemic

By Noah Buhayar 1 min read

Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.

Treasury plans to reclaim stimulus payments sent to deceased

By Laura Davison 1 min read

The U.S. Treasury Department is planning to instruct people whose deceased relatives received coronavirus stimulus payments to return the money to the federal government, according to a department spokesman.

In the blogs: What a tool

By Jeff Stimpson 4 min read

Cyber-safety at home; next for PPP and other relief; IDs not confidential; and other highlights from our favorite tax bloggers.

Tax Strategy: Figuring out payroll taxes in 2020

By Mark A. Luscombe 5 min read

The PPP isn't the only payroll-related way the federal government is responding to the coronavirus pandemic.

New York’s out-of-state taxpayer money is suddenly up for grabs

By Brandon Kochkodin 5 min read

With states and cities facing the worst fiscal crisis in decades, a little-noticed provision in New York’s tax law could put amicable relations with neighboring states to the test.

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Supreme Court orders new briefs in Trump financial record case

By Greg Stohr 3 min read

The U.S. Supreme Court asked for additional briefs in an upcoming clash over President Donald Trump’s financial records, telling the lawyers to address whether courts have the power to consider the lawsuits he filed to challenge House subpoenas.

The limits of coronavirus relief: A real-life case

By Roger Russell 2 min read

A timely reminder that not all tax rules have been suspended.

SSI and VA benefit recipients need to register dependents by May 5 for coronavirus stimulus

By Michael Cohn 2 min read

The Internal Revenue Service is urging some benefits recipients to register their children and other dependents for the extra $500 per child stimulus payments by May 5 if they haven’t already filed a tax return for 2018 or 2019.

Art of Accounting: Communication and transparency with staff

By Edward Mendlowitz 4 min read

We just got through a most unusual “tax season,” with taxes pushed aside at the beginning of April to be consumed with the SBA and PPP.

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Lease Accounting Guide for 2020 →

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