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Whether you’re looking for IRS announcements, industry updates or new tax laws, stay up to date with the help of TurboTax.

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Tax News

Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed

September 11, 2020 (Last Modified: December 27, 2020) / TurboTaxLisa
Tax Tips for Unemployment Income If You’ve Been Laid Off or FurloughedThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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IRS Announces Tax Relief for Victims of Hurricane Laura

September 1, 2020 (Last Modified: September 8, 2020) / TurboTaxLisa
IRS Announces Tax Relief for Victims of Hurricane LauraFollowing the recent destruction caused by Hurricane Laura, the IRS announced tax relief for those impacted and in any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. This includes Allen, Beauregard, Calcasieu, Cameron, Jefferson...

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IRS Announces Tax Relief for Victims of the Latest California Wildfires

August 25, 2020 (Last Modified: August 27, 2020) / TurboTaxLisa
IRS Announces Tax Relief for Victims of the Latest California WildfiresThis week, the IRS announced that victims of the California Wildfires that began on Aug. 14, now have until Dec. 15, 2020 to file various individual and business tax returns and make certain tax payments. The tax relief postpones various...

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First Coronavirus Relief Update: Executive Orders Signed Offering More Relief

August 13, 2020 (Last Modified: December 28, 2020) / TurboTaxLisa
First Coronavirus Relief Update: Executive Orders Signed Offering More ReliefThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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IRS Provides Tax Relief for Tornado Victims in Parts of Mississippi, Tennessee, and South Carolina

July 14, 2020 (Last Modified: July 16, 2020) / TurboTaxLisa
IRS Provides Tax Relief for Tornado Victims in Parts of Mississippi, Tennessee, and South CarolinaThe IRS announced that victims of the April tornadoes, severe storms and flooding that occurred in certain areas of Mississippi, Tennessee and South Carolina will now have until October 15 instead of July 15 to file tax year 2019 federal...

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What the First Coronavirus Stimulus Package Means for You

May 11, 2020 (Last Modified: December 30, 2020) / TurboTaxBlogTeam
What the First Coronavirus Stimulus Package Means for YouThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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Where’s My Stimulus Check? How to Check the Status of Your First Stimulus Check

May 7, 2020 (Last Modified: January 6, 2021) / TurboTaxBlogTeam
Where’s My Stimulus Check? How to Check the Status of Your First Stimulus CheckThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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4 Key Things You Need to Know About the New 2020 IRS Form W-4 for Employee Withholding

May 6, 2020 (Last Modified: July 27, 2020) / TurboTaxLisa
4 Key Things You Need to Know About the New 2020 IRS Form W-4 for Employee WithholdingYou may or may not have heard that the IRS launched a newly redesigned Form W-4 used to adjust federal tax withholding, which is effective starting with the tax year 2020 (the taxes you file in 2021). The IRS created...

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Tax News

What is My State Tax Deadline? What to Know About Coronavirus and State-Specific Tax Year 2019 Tax Deadlines

May 6, 2020 (Last Modified: December 27, 2020) / TurboTaxBlogTeam
What is My State Tax Deadline? What to Know About Coronavirus and State-Specific Tax Year 2019 Tax DeadlinesThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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Tax News

What Coronavirus Relief Means for College Students and Grads

May 1, 2020 (Last Modified: December 27, 2020) / Jim Wang
What Coronavirus Relief Means for College Students and GradsThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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