Former top Trump aide Steve Bannon’s podcast was permanently suspended by Twitter and had an episode yanked from YouTube after he implied that FBI Director Christopher Wray and leading government infectious-diseases expert Dr. Anthony Fauci should be beheaded and have their heads put on pikes outside the White House. Those comments by Bannon on Thursday […]

Columbia Law School adjunct lecturer Caroline Polisi told CNBC Wednesday that “most, if not all” of the Trump administration’s legal challenges in Georgia, Michigan and Pennsylvania “lack merit,” as ballots in key battleground states continue to be counted.  Polisi, who is a federal and white collar criminal defense attorney, noted that the hook the Trump […]

Columbia Law School adjunct lecturer Caroline Polisi told CNBC Wednesday that “most, if not all” of the Trump administration’s legal challenges in Georgia, Michigan and Pennsylvania “lack merit,” as ballots in key battleground states continue to be counted.  Polisi, who is a federal and white collar criminal defense attorney, noted that the hook the Trump […]

Sen. Steve Daines, R- Mont., speaks to a crowd of supporters at a Republican campaign rally in Belgrade, Mont. Tommy Martino | AP Republican Sen. Steve Daines is projected to win Montana’s Senate race, NBC News projected early Wednesday. He is expected to defeat Democratic Gov. Steve Bullock. The projected win ensures Republicans will hold […]

News Procedure & Administration By Sally P. Schreiber, J.D. The IRS on Monday announced a new program, the Taxpayer Relief Initiative, to help taxpayers who are unable to pay their taxes because of the pandemic (IR-2020-248). Taxpayers who owe taxes and could not pay have always had options such as installment agreements and offers in […]

There are just 3 months left until the deadline for submission of your tax return for 2019-20.  Late and non submission will incur penalties starting at £100 and will increase if the return is over 3 months late.  During this year the importance of submitting tax returns on time became clear because those who hadn’t […]

As of this writing, the chance to obtain additional federal COVID relief seems slim. Congressional negotiations are in limbo. That is bad news for small businesses that still need financial assistance to keep going or continue business growth. If your current resources are tapped out, try these ideas. Getting capital Right now, there are limited […]

President Donald Trump arrives at Southwest Florida International Airport ahead of a campaign stop in Fort Myers, Florida, U.S., October 16, 2020. Carlos Barria | Reuters For President Donald Trump, the year leading to Election Day was even more turbulent than the first three years of his tenure: an impeachment trial, racial unrest that unsettled […]

The IRS posted guidance on Thursday about how to report the deferral of withholding, depositing, and paying of certain payroll tax obligations, as authorized by the Aug. 8, 2020, presidential memorandum directing Treasury to defer taxes under Sec. 7508A. The IRS has also updated Form 941, Employer’s Quarterly Federal Tax Return, to allow for reporting […]

U.S. Treasury yields moved lower on Friday after coronavirus cases globally reached a single-day record, along with uncertainty ahead of next week’s U.S. presidential election. The yield on the benchmark 10-year Treasury note fell to 0.822% at 5:14 a.m. ET, while the yield on the 30-year Treasury bond dipped to 1.597%. Yields move inversely to […]