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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

CNN MONEY NEWS

Why it's time for investors to go on defense

Thu, Oct 04, 2018

Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly....

Premarket: 7 things to know before the bell

Thu, Oct 04, 2018

Read full story for latest details....

Barnes & Noble stock soars 20% as it explores a sale

Wed, Oct 03, 2018

Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company....

Toys 'R' Us brand may be brought back to life

Wed, Oct 03, 2018

Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands....

Honda teams up with GM on self-driving cars

Wed, Oct 03, 2018

Read full story for latest details....

Aston Martin falls 5% in London IPO

Wed, Oct 03, 2018

Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion....

JCPenney names Jill Soltau as its new CEO

Tue, Oct 02, 2018

Read full story for latest details....

Tesla calms fears with strong sales numbers

Tue, Oct 02, 2018

Read full story for latest details....

S&P downgrades debt-riddled GE and GE Capital

Tue, Oct 02, 2018

New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he's inheriting....

Amazon announces $15 minimum wage for all US employees

Tue, Oct 02, 2018

Read full story for latest details....

Taxpayer Advocate Service Feed

COVID-19 Business Tax Relief Tool

Tue, Sep 15, 2020

Redirecting you to the COVID-19 Business Tax Relief Tool. ...

TAS Tax Tip: Use Tax Withholding Estimator and Take Action on Your Tax Withholding Now

Fri, Sep 04, 2020

The Taxpayer Advocate Service encourages you to use the Tax Withholding Estimator now. The Tax Withholding Estimator is a mobile-friendly online tool designed to make it easier to have the right amount of tax withheld during the year. Who should use it and why now? WHO - Every individual taxpayer. Anyone who works for someone else (an employee) and depends on the tax withholding taken from th...

NTA BLOG: IT Modernization – The IRS’s Reliance on Antiquated Technology Poses a Continuing Risk to Tax Administration

Thu, Sep 03, 2020

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Erin M. Collins. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. en Español I discussed the expansion of digital service options to improve taxpayers’ experiences interacting with the IRS. Here, I will discuss the desperate need for multi-year funding...

Blog de NTA: Modernización de los Sistemas de Tecnología (IT) por sus signas en inglés: la dependencia del IRS de sistemas de tecnología anticuados representa un riesgo continuo para la administración tributaria

Thu, Sep 03, 2020

Suscríbase al Blog de la NTA y reciba actualizaciones sobre las últimas publicaciones del blog de la Defensora Nacional del Contribuyente Erin M. Collins. Se pueden encontrar blogs adicionales en www.taxpayeradvocate.irs.gov/blog. In English En mi publicación de blog anterior, hablé de la expansión de las opciones de servicios digitales para mejorar las expe...

TAS Tax Tip: Two Key Economic Impact Payment Dates

Tue, Sep 01, 2020

IRS takes new steps to ensure eligible individuals who normally do not have a filing requirement and have qualifying children receive $500 for each child, and other non-filers get extra time to claim their Economic Impact Payments (EIPs). September 30, 2020 The IRS urges certain federal benefit recipients who have not used the Non-Filers tool to register online at IRS.gov using the Non-Filers ...

NTA BLOG: Lessons Learned From COVID-19: The Critical Need to Improve IRS Digital Services

Tue, Sep 01, 2020

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Erin M. Collins. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. en Español Individuals, businesses, schools, and federal and state agencies all continue to be impacted by the COVID-19 pandemic. And as the IRS resumes its business operations that were ...

Blog de NTA: Lecciones aprendidas de COVID-19: la necesidad crítica de mejorar los servicios digitales del IRS

Tue, Sep 01, 2020

Suscríbase al Blog de la NTA y reciba actualizaciones sobre las últimas publicaciones del blog de la Defensora Nacional del Contribuyente Erin M. Collins. Se pueden encontrar blogs adicionales en www.taxpayeradvocate.irs.gov/blog. In English Al comienzo de la pandemia, se cerraron los centros de llamadas y los Centros de Asistencia al Contribuyente (TAC), por lo que los contribu...

You May Receive an Interest Payment From the IRS

Wed, Aug 26, 2020

This week the Treasury Department and the IRS announced they will send interest payments to about 13.9 million individual taxpayers who timely filed their 2019 federal income tax returns and are receiving refunds. Will I receive an interest payment? You will receive an interest payment if: You filed a 2019 individual tax return by this year’s July 15 deadline; and You received a refund ...

TAS Tax Tip: IRS Notice Information – Due Dates Extended

Thu, Aug 20, 2020

Many IRS notices were delayed because of the COVID-19 pandemic. Recently the IRS began mailing backlogged letters and notices to taxpayers in the agency’s steps to return to normal operations. To save time and costs, the IRS, in most cases does, not generate a new notice. Instead, the IRS includes Notice 1052, Important! You Have More Time to Make Your Payment, as an insert that provides...

TAS Tax Tip: Options available under COVID-19 rules for retirement accounts and IRAs

Wed, Aug 19, 2020

This tax tip simplifies available options for certain taxpayers that may need to withdraw money from existing retirement plans or IRAs to get cash or who may want to opt-out of the normally required retirement distribution payment, which may reduce additional taxes. Before you attempt any of these options as outlined, we encourage you to review the complete guidelines and rules for each situat...