IRS

Tax information from the IRS and shared by Vernoia, Enterline + Brewer, CPA LLC.

Where’s My Refund?

Since many taxpayers have filed their federal tax returns, they’re eager for details about their refund. When it comes to refunds, there are several common myths that can mislead taxpayers.

IRS Issues Alert on Improper Corporate Domestic Production Activities Deduction Refund Claims

IRS officials issued an alert today concerning amended returns and claims for the Domestic Production Activities Deduction. This provision of tax law was repealed as part of the Tax Cuts and Jobs Act for taxable years after Dec. 31, 2017. In the wake of the repeal, the IRS has received a wave of questionable amended …

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Second Round of PPP Loans

The SBA and the Treasury announced that the Paycheck Protection Program (PPP) will re-open the week of January 11, 2021 for new borrowers and certain existing PPP borrowers.

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