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IRS to Recalculate Taxes on Unemployment Benefits; Refunds to Start in May
The IRS will automatically refund money to people who filed their tax returns reporting 2020 unemployment compensation before the recent changes made by the 

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IRS Expands List of Digitally Filed or Signed Forms
MEMORANDUM FOR ALL SERVICES AND ENFORCEMENT EMPLOYEES FROM: Sunita Lough Deputy Commissioner for Services and Enforcement

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Restaurant Revitalization Funding (RRF) Program Update
The American Rescue Plan Act (ARPA), which was signed into law on March 11, 2021, included funding for the RRF which is administered through the Small Business Administration (SBA).

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Safe Harbor to Deduct Expenses Paid with First-Round PPP Loan (IRC §161)
A new safe harbor allows “covered taxpayers” to elect to deduct expenses paid for with a Paycheck Protection Program (PPP) loan that they did not deduct due to IRS guidance issued prior to the pass

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Delay in Processing Form(s) 1040, 1040-X, and 1040-ES Payments Submitted Via Modernized E-File
Attention: Return Transmitters and Authorized IRS e-file Providers/EROs

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Original Return, Not Superseding Return, Starts Running of Limitations Period
NTA Blog: Did You File a Superseding Return? If So, Read On

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Time’s Running Out to Claim Refunds for 2017 Tax Returns
Unclaimed income tax refunds worth more than $1.

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What is a "Restaurant" for Purposes of the 2021-2022 100% Food/Beverage Deduction?
IRS Notice 2021-25 sets out what is, and what is not, a restaurant, for purposes of the rule that allows a 100% deduction for certain busi

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2020 Recovery Rebate Credits Are Different Than Expected
The IRS is mailing letters to some taxpayers who claimed the 2020 cr

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