What Led to Congress Extending the Paycheck Protection Program?
With billions left to be distributed in Payment Protection Program money—why did Congress have to extend the PPP in the first place?
With billions left to be distributed in Payment Protection Program money—why did Congress have to extend the PPP in the first place?
Most economists believe that GDP will turn upward in the third quarter, but it will take sustained growth to return the economy to its pre-recession level.
Regardless of who wins the next election, with rising deficits, government spending skyrocketing, and revenue dropping due to the COVID-19 pandemic, taxes will surely go up in coming years.
The IRS has issued guidance to assist employers and plan administrators on how to report coronavirus-related distributions and how individuals may report these distributions on their individual federal income tax returns.
Behaviors have changed during the Coronavirus outbreak. We list five of these that could end up being positives for small businesses moving forward.
From converting traditional IRAs to taking advantage of the RMD suspension for 2020, this year provides unique tax opportunities for those who have traditional IRA accounts.
If you’ve already received your economic impact payment, you’ve probably already received Notice 1444. Make sure you keep it, as you may qualify for a refundable credit on your 2020 return.
Wills and trusts are common estate planning documents. While each can help in the distribution of assets at death, we outline seven key differences between the two.
Due to COVID-19, the IRS extended the tax filing deadline to July 15th—but that tax deadline applies to other items!
The desire to become a more disciplined investor is often tested by the arrival of your account statements.