IRS Q&A on Receiving Economic Impact Payments
In an Information Release (IR 2020-61), the Treasury Department and IRS have announced that distribution of economic impact payments, made as part of the Coronavirus Aid, Relief, and Economic […]
Expanded Coverage of the CARES Act
This post provides expanded coverage of the CARES Act, Congress’s gigantic economic stimulus package that the President signed into law on March 27, 2020.
CARES Act Tax Relief for Individuals
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed by President Trump on 3/27/2020 provides a variety of tax and financial relief measures to help Americans […]
Cut Your Tax Bill with IRAs
If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to cut […]
Coronavirus Tax Relief for Individuals
The IRS and Congress have responded with some Coronavirus tax relief for individuals. Taxpayers now have more time to file their tax returns and pay any tax […]
Deducting Charitable Gifts on Your Tax Return
Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with the tax […]
Answers Regarding 2020 Individual Tax Limits
Right now, you may be more concerned about your 2019 tax bill than you are about your 2020 tax situation. That’s understandable because your […]
Filing Your Taxes Early Can Minimize Identity Theft
The IRS opened the 2019 individual income tax return filing season on January 27. Even if you typically don’t file until much closer to […]
4 Changes That May Affect Your Retirement Plan
If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed a law that makes […]
Tax Deductibility of Home Office Expenses
Technology has made it easier to work from home so lots of people now commute each morning to an office down the hall. However, just because you […]
