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 […]
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.
Residency Audits on Departing Californians
In the attached audio clip (click on photo above to listen), Spidell Publishing’s “California Minute” […]
Keep Life Insurance Out of Your Estate
If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death won’t be […]
2019 Gift Tax Return Deadline is Coming Up
If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2019 gift tax […]
Home Mortgage Interest Deduction Rules
If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many people believe that
Economic Impact Payment Less Than You Expected?
Nearly everyone has heard about the Economic Impact Payment (EIP) that the federal government is sending to folks to help mitigate the effects of […]
Gig Economy Workers and Businesses Guidance on IRS Website
Earlier this year, the IRS has announced in IR 2020-4 that it had launched the Gig Economy Tax Center […]
Changes to the Child Tax Credit
If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their food, clothes, activities and […]
