Making COVID-19 Less Taxing for Retailers
(This is Blog Post #842)
Efforts to Corral Coronavirus Fraud
The COVID-19 pandemic has opened the floodgates to scam artists attempting to profit from sick, anxious and financially vulnerable Americans. Frontline efforts to corral Coronavirus fraud are […]
Business Charitable Contribution Rule Changes Under the CARES Act
In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to incentivize charitable giving, […]
There’s Still Time to Make a 2019 IRA Contribution
Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a 2019 IRA contribution for the […]
IRS Payment Options for Those Owing Taxes
In a News Release (IR 2020-48), the IRS has provided a list of payment options available to taxpayers who need to […]
2021 HSA Inflation Adjusted Amounts
The IRS recently released the 2021 HSA inflation adjusted amounts.
Health Savings Accounts (HSA) basics
Non-GAAP Measures Can Be Misleading
Not all companies follow U.S. generally accepted accounting principles (GAAP). Many smaller businesses, for example, have adopted the AICPA’s Financial Reporting Framework for Small and Medium-Sized Entities […]
What Qualifies as a “Coronavirus-Related Distribution”?
As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from their retirement plans without […]
COVID-19 Individual Tax Questions Answered
The Coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some COVID-19 individual tax questions answered.
CARES Act Liberalizes NOLs
The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous tax law. Here’s a look at how the […]
