Attorney General Paxton sued the Internal Revenue Service (“IRS”) after a devastating policy change that would severely limit the ability of child support enforcement agencies (“CSEAs”) across the country to utilize valuable contractor resources to support the families they serve. […]
Internal Revenue Service
Texas Comptroller’s Office: Certain Loans Forgiven by Federal Government Not Considered Income for Franchise Tax Reports
Texas businesses that had COVID-related relief loans forgiven by the federal government do not have to report those loan proceeds as income on their 2021 franchise tax reports, the Texas Comptroller’s office announced today after a bill related to the […]
File 2020 Tax Return with the IRS to Receive Missing Economic Impact Payments
The Internal Revenue Service (IRS) issued the third round of Economic Impact Payments (EIP) in April. Most Social Security beneficiaries and Supplemental Security Income (SSI) recipients should have received their EIPs by now. If a person is missing their first […]
