The deadline to return or rollover a Required Minimum Distribution (RMD) for IRA owners, beneficiaries or workplace retirement plan participants is coming up on Monday, August 31. The CARES Act allows most taxpayers with […]
From the August, 2020
As part of the U.S. Treasury’s ongoing COVID-19 (coronavirus) relief programs for taxpayers, the IRS has made temporary changes to the rules for deducting charitable contributions on federal tax returns. Normally, taxpayers who itemize […]
If you received a PPP loan and are thinking about beginning the process of requesting forgiveness on the loan you may want to consider waiting a few weeks until the actual process gets a […]
In late 2013 we reported that a number of tax credits and deductions would expire at the end of 2013 without action from Congress. Over a year later, Congress passed legislation that would extend […]