Articles page 71 of 91.
- May 25, 2020
Unraveling the Economic Impact Payment Confusion
Millions of Americans have already received their economic impact payments authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. If you
Read → - May 25, 2020
What's Best for You - Traditional or Roth IRA?
The tax code offers two types of IRAs; one is referred to as the traditional individual retirement account (IRA), so named because it was the first type of IRA
Read → - May 25, 2020
Your PPP Loan Forgiveness Will Probably be Less Than Anticipated
Now that you have gotten a Paycheck Protection Program loan (PPPL), it is time to start planning how to spend the loan proceeds so some portion of the loan will
Read → - May 21, 2020
Take Advantage of These Tax Changes to Amend the Previous Year's Tax Return
Did you know that Congress made a number of changes retroactive to the 2018 tax year that can result in a tax refund for you?
Read → - May 19, 2020
Big Tax Break for Adoptive Parents
If you are an adoptive parent or are planning to adopt a child, you may qualify for a substantial income tax credit. The amount of the credit is based on the ex
Read → - May 15, 2020
New $3 Trillion Coronavirus Relief Bill Proposed by House Democrats
A new proposal by House Democrats, the $3 trillion HEROES Act, is likely to pass the House but face an unwilling majority in the Senate.
Read → - May 13, 2020
June 2020 Individual Due Dates
Here are the June 2020 Individual Due Dates
Read → - May 13, 2020
June 2020 Business Due Dates
Here are the June 2020 Business Due Dates
Read → - May 7, 2020
Video: The Latest on Missing IRS Rebate Checks
The latest on missing IRS rebate checks.
Read → - May 6, 2020
Not All PPP "Forgivable" Loans Will be Forgiving
Business owners approved for Paycheck Protection Program loans should be wary of the strict requirements for having their âforgivableâ loans actually forgiv
Read → - May 4, 2020
IRS Guidance: PPP Loan Expenses Not Tax-Deductible
Recent IRS guidance states that expenses related to forgivable loans under the Paycheck Protection Program (PPP) will not be tax-deductible.
Read → - April 24, 2020
Video - What the Employee Retention Credit Means to You
Employers eligible for this credit are generally those whose trade or business was curtailed as a result of the COVID-19 outbreak. Learn if you can use this cre
Read → - April 24, 2020
Paycheck Protection Program and Health Care Enhancement Act: What's In It?
The $484 billion Paycheck Protection Program and Health Care Enhancement Act is a follow-up to the CARES Act that provides funding for PPP, health care, and tes
Read → - April 24, 2020
When Will I Get My Stimulus Check?
The IRS has already sent out 80 million stimulus payments to taxpayers that included their direct deposit information on their most recently filed 2019 or 2018
Read → - April 23, 2020
Businesses Score Big Tax Benefits with the CARES Act
As part of the stimulus package to help offset the financial damage inflicted on businesses as a result of the COVID-19 crisis, Congress restored the ability of
Read → - April 23, 2020
Congress Makes Charitable Giving Easier During the COVID-19 Crisis
To encourage charitable contributions to deserving qualified charities during these trying times, Congress has relaxed some of its restrictions related to how m
Read → - April 23, 2020
Coronavirus-Related Tax Relief for U.S. Families and Individuals
In the time of COVID-19, many Americans are struggling financially. Learn more about your various relief options for your taxes & finances.
Read → - April 23, 2020
Did You Take Your 2020 RMD Too Soon?
As part of the CARES Act, the requirement for older taxpayers to take required minimum distributions (RMDs) from their retirement plans has been waived for 2020
Read → - April 23, 2020
Employers Can Defer Payroll Taxes
One of the benefits included in the COVID-19 epidemic stimulus package is the ability for an employer to defer payment of the employer’s share of certain
Read → - April 23, 2020
How to Create and Use Vendor Records in QuickBooks Online
Keeping your supplies coming in may be difficult right now. Be sure you know your vendors and track their records carefully.
Read → - April 23, 2020
Rebates Are Finally Flowing - Did You Get Yours; Was It Correct?
The IRS has finally started making those much anticipated Economic Impact Payments, aka “Recovery Rebates.” However, not everyone who was expecting
Read → - April 23, 2020
Tax Credit Pays for Keeping Employees on Payroll
To help businesses retain employees and keep them employed during the COVID-19 crisis, Congress has provided a refundable employer retention credit available to
Read → - April 23, 2020
Unemployed by COVID-19? Special Benefits May Apply to You
The CARES Act includes Pandemic Unemployment Assistance (PUA) provisions that extend and supplement state-provided unemployment insurance and are intended to le
Read → - April 21, 2020
Retirees that Don't File a Tax Return and Have Dependent Children May Need to Take Action Before Noon April 22
If you receive Social Security Retirement or Railroad Retirement benefits and are not required to file a tax return and have one or more dependents under the ag
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