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While the IRS has discretion to provide relief, Sec. 7508A(d) provides a mandatory tax deadline postponement. In either case, the ‘lookback’ limitation period for refunds remains a concern.
Nor did the White House provide details in the rescission document sent to Congress for approval. What the document does list are large buckets of funding for things like "global health," "migration ...
The U.S. Treasury is trying to recover COVID-19 relief funds from hundreds of local governments that failed to report their ...