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Month: December 2020

Treasury and IRS begin delivering second round of Economic Impact Payments to millions of Americans

December 30, 2020 General

IR-2020-280, December 29, 2020 WASHINGTON – Today, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response […]

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IRS issues standard mileage rates for 2021

December 28, 2020 General

IR-2020-279, December 22, 2020 WASHINGTON — The Internal Revenue Service today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, […]

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Year-end reminder: Expanded tax benefits help individuals and businesses give to charity during 2020

December 21, 2020 General

IR-2020-278, December 18, 2020 WASHINGTON – The Internal Revenue Service today explained how expanded tax benefits can help both individuals and businesses give to charity before the end of this […]

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Get Ready for Taxes: Stay home and stay safe with IRS online tools

December 17, 2020 General

IR-2020-277, December 16, 2020 WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take necessary actions now to help file federal tax returns timely and accurately in 2021. This […]

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IRS: Volunteers needed for free tax prep help

December 14, 2020 General

IR-2020-276, December 11, 2020 IRS YouTube Video: Volunteer Income Tax Assistance Recruitment − English WASHINGTON — Safety and social distancing, along with virtual options, will be the emphasis now and for […]

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Get Ready for Taxes: What’s new and what to consider when filing in 2021

December 9, 2020 General

IR-2020-272, December 8, 2020 WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take necessary actions in the final weeks of the year to help file federal tax returns […]

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National Tax Security Awareness Week, Day 5: Security Summit alerts tax professionals to potential telework scams during COVID-19, urges all practitioners to use multi-factor authentication

December 7, 2020 General

IR-2020-271, December 4, 2020 IRS YouTube Video: New Security Measures Help Protect Against Tax-Related Identity Theft English WASHINGTON — The IRS, state tax agencies and the tax industry marked the final […]

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IRS National Tax Security Awareness Week, Day 2: 2021 online tax preparation products to offer multi-factor authentication for taxpayers, tax pros

December 1, 2020 General

IR-2020-266, December 1, 2020 YouTube Video New Security Measures Help Protect Against Tax-Related Identity Theft  English WASHINGTON — The Internal Revenue Service, state tax agencies and the tax industry today […]

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Ayoub Sidhum CPA firm is a full service Corona CPA firm and Riverside CPA firm that provides a wide variety of accounting, tax and financial management services. Our clients are located in Corona, Riverside, Pomona, Fontana, Chino Hills, Chino, Yorba Linda, Norco, Mira Loma, Irvine, Tustin, Dana Point, Mission Viejo, Torrance, Los Angeles and more. We service clients in Riverside County, San Bernardino County, Orange County and Los Angeles County.

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