April 2020 Client Update Newsletter
The IRS rolled out deadline extensions and new programs to help individuals and businesses navigate the COVID-19 pandemic. A recap [...]
New Law Requires Small Business to Provide Paid Leave- Families First Coronavirus Response Act provides worker benefits
A new law helps businesses provide paid leave for workers dealing with COVID-19. Here is what you need to know. [...]
Tax Deadlines Move from April to July- What you need to know now!
In reaction to the current pandemic, announcements delay tax deadlines until July 15, 2020. Here is what you need to [...]
Kiddie Tax Rate Hike Rolled Back
Recent legislation rolls back kiddie tax rules to 2017. This means you may need to review your situation. Here is [...]
Do I Really Need That #!*>x$! Tax Form 1095?- Stop holding up your tax filing
Too many taxpayers are waiting to receive Form 1095 to file their income tax return. Most of you do not [...]
March 2020 Client Update Newsletter
The tax filing deadline is right around the corner! As you're busy gathering your tax documents or reviewing your tax [...]
Make the Most of Recent Retirement Rule Changes- Reap the benefits of new laws
In late 2019, deep within a government spending bill are a number of changes to popular retirement savings account plans. [...]
Elections. Elections. Elections.- Tax savings can be found in the elections you make!
Every year is an election year for taxpayers. And THESE elections can save you a ton of money. Here is [...]
Should I Tap into my Retirement Funds?
When you are cash strapped, your retirement nest egg can look very tempting to solve your immediate financial problem. Is [...]
The IRS Says “Gotcha!”- Late filing of S corporation and partnership returns can be costly
Over the past few years, the IRS has penalizing late filers of sub S corporation and partnership tax returns. This [...]