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New Round of Paycheck Protection Program Improved for Small Business

January 6, 2021

New York, NY—Many small businesses are asking about the benefits they will be entitled to as a result of the recently enacted $900 billion coronavirus relief bill. The Chief of Staff for Congresswoman B. Maloney’s (D-12) New York Office answered some questions during a recent meeting of Community Board 8’s Small Business Committee.

Shelby Garner first discussed some ...

Local Coalition Hosts Very First Toy Giveaway

New York, NY—The Holmes-Isaacs Coalition hosted its very first Christmas Toy Giveaway yesterday in the courtyard of the Isaacs Center from 2 pm to 5 pm. The event proved so popular among the residents nearby that about one hour into the giveaway many of the toys such as board games and books were distributed to children.

The event was made possible thanks to the generous contribution of ...

Assembly Member’s Toy Drive Nets Gifts for Children

New York, NY—During Assembly Member Rebecca Seawright’s annual toy drive in December, constituents donated countless items such as unwrapped books, toys, board games and video games to her district office on York Avenue and 79th Street that she then distributed to children at The New York Center for Children. Today, she continued the goodwill by dropping off additional donations ...

UPDATED: Nursing Home Residents Oppose Reopening of COVID Hospital

New York, NY—Nursing home residents gathered inside the courtyard at Coler Rehabilitation & Nursing today on Roosevelt Island while their friends and neighbors gathered outside to object to the hospital’s plan to reopen the emergency COVID-19 hospital inside Coler because they say the admission of COVID-19 positive patients into the facility puts the health of the nursing home ...

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JANUARY VIRTUAL ANTI-RACISM TRAINING

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VIRTUAL event on ZOOM, Plainfield

JANUARY VIRTUAL ANTI-RACISM TRAINING

Education Other Religions And Spirituality

Businesses have Feb. 1 deadline to provide Forms 1099-MISC and 1099-NEC to recipients

January 15, 2021

WASHINGTON − The Internal Revenue Service today reminded businesses and other payors that the revised Form 1099-MISC, Miscellaneous Income, and the new Form 1099-NEC, Nonemployee Compensation, must be furnished to most recipients by Feb. 1, 2021.

Redesigned Form 1099-MISC

The IRS revised Form 1099-MISC for the 2020 tax year to accommodate the creation of a new Form 1099-NEC. The ...

IRS reminds taxpayers to make final estimated tax payment for 2020

WASHINGTON − Taxpayers who paid too little tax during 2020 can still avoid a tax-time bill and possible penalties by making a quarterly estimated tax payment now, directly to the Internal Revenue Service. The deadline for making a payment for the fourth quarter of 2020 is Friday, Jan. 15, 2021.

Income taxes are pay-as-you-go. This means that by law, taxpayers are required to pay most of ...

National Taxpayer Advocate delivers Annual Report to Congress; focuses on taxpayer impact of COVID-19 and IRS funding needs

WASHINGTON — National Taxpayer Advocate Erin M. Collins released her 2020 Annual Report to Congress, focusing on the unprecedented challenges taxpayers faced in filing their tax returns and receiving refunds and stimulus payments during a year consumed by the COVID-19 pandemic this week. The report also finds that a roughly 20% inflation-adjusted reduction in the IRS’s budget since ...

Last Chance to Register for Free Virtual Panel Discussion Featuring Distinguished COVID-19 Experts

TAPinto will host a panel discussion featuring distinguished COVID-19 experts on Thursday, January 14, 2021, at 6:00 p.m. This virtual gathering is free for attendees, but registration is required. 

The panel, presented by Atlantic Health System and moderated by Communications Consultant Bruno Tedeschi, will feature Dr. Michelle Cholankeril, ...

IRS releases 2020 Progress Update; annual report details unprecedented year

WASHINGTON − The Internal Revenue Service released its 2020 annual report describing the agency’s work delivering taxpayer service and compliance efforts during COVID-19 while spotlighting actions taken by IRS employees to help people during the challenging year.

“Internal Revenue Service Progress Update / Fiscal Year 2020 – Putting Taxpayers First” outlines how ...