IR-2020-136, July 1, 2020 WASHINGTON – In response to the ongoing COVID-19 pandemic, the Internal Revenue Service today issued Notice 2020-53 (PDF) to provide tax relief to issuers, operators, owners, and tenants of qualified low-income housing projects or qualified residential rental projects financed with exempt facility bonds, and state agencies that have jurisdiction over these projects. […]
Monthly Archives: July 2020
IRS offers additional retail partners that accept cash payments for federal taxes
IR-2020-137, July 1, 2020 WASHINGTON ― The Internal Revenue Service today announced additional retail partners are accepting cash payments for federal taxes. This cash payment option is for individual and business taxpayers. The IRS’ continuing partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company allows taxpayers to make a payment without a bank account or […]
FTC Releases Agenda for Safeguards Rule Virtual Workshop
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: Marketing Company Settles FTC Charges; Falsely Told Consumers They Were Pre-Approved for Auto Loans FTC Seeks Comment on Children’s Online Privacy Protections; Questions Whether Changes to Technology Warrant Changes to Agency Rule FTC Approves Filing of Staff Comment with the Office of Thrift Supervision […]
Treasury to Provide Loan to YRC Worldwide
WASHINGTON – Today the U.S. Department of the Treasury announced that it intends to make a $700 million loan to YRC Worldwide Inc., and that it had reached an agreement with YRC on June 30, 2020, to receive a 29.6% equity stake in the company in connection with the loan under Division A, Title IV, […]
FTC Data Shows Record Surge in Online Shopping Complaints During Pandemic
Newly released data show that since the beginning of the coronavirus pandemic, consumers have complained to the Federal Trade Commission in record numbers about problems related to online shopping. The FTC’s latest Consumer Protection Data Spotlight shows that in April and May, the FTC received more than 34,000 complaints from consumers related to online shopping. […]
FTC, Partners Kick Off Military Consumer Month 2020
The Federal Trade Commission and its federal, state, and local partners will participate in Military Consumer Month 2020, a month-long education effort that provides resources for military communities. This year’s focus is on avoiding scams related to the coronavirus pandemic (COVID-19). “Servicemembers face many of the same pandemic challenges as civilians, but military families also […]