Article Highlights: Paycheck Protection Program Loan Terms Loan Amount Loan Forgiveness Reduction in Pay Decrease in Employees Qualified Expenses Limitation Documenting Forgiveness Now that you have […]
Article Highlights: Direct Deposit Stimulus Payments Reasons You May Not Be Receiving a Stimulus Payment Stimulus Payment Phase-Out Payment Schedule by Check Non-Filers The IRS has […]
Article Highlights: Appropriations Act of 2020 Children’s Tax-Filing Requirements Two Methods for 2018 and 2019 Amendment Possibility for a Dependent Child Standard Deduction Wages Self-employment Income […]
Your taxes contain an array of sensitive information, from financial data to your Social Security number or tax ID number. Because of this, there are many […]
Article Highlights Qualified Charitable Distributions (QCDs) Required Minimum Distribution Age Limit Repealed for Traditional IRA Contributions Coordination of QCDs and Deducted Traditional IRA Contributions Ever since […]
Article Highlights: Benefits of College Savings Plans Contributions Plan Modifications Tax Cuts & Jobs Act Appropriation Act of 2020 Prudence in Using the Funds Gift Tax […]
Article Highlights: Potential Credit Eligible Employees Credit Determination Certification Process Other Issues On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, […]