Should a Trust be an IRA Beneficiary?Most owners of IRA accounts name a beneficiary or beneficiaries to receive the assets upon the death of the IRA owner. But much like the…Nov 23, 2020Nov 23, 2020
Tapping into IRAs and Qualified Plan AccountsClients finding themselves in dire financial straits this fall? How about tapping into their IRAs or qualified plan accounts? Better hurry…Nov 23, 2020Nov 23, 2020
Paycheck Protection Program Flexibility Act (PPPFA) of 2020Why the Mixed Up Confusion? Well, More PPP Guidance: Enter the Paycheck Protection Program Flexibility Act (PPPFA) of 2020 (HR 7010)Jun 10, 2020Jun 10, 2020
Paycheck Protection Program Phase II: Loan ForgivenessTerms to watch for in this blog post: PPP, 75/25 Rule, Qualified Expenses, Covered Period, FTEEMay 12, 2020May 12, 2020
Recovery Rebate InformationRecovery rebate. Economic impact payment. Stimulus check.May 5, 2020May 5, 2020
FAQ IRS Notice 2020–18: Federal Tax ReliefTom walks us through the frequently asked questions as posted by the IRS regarding Notice 2020–18, which provides special Federal income…Mar 27, 2020Mar 27, 2020
Let’s talk about your data security plan.News Flash! Tax Professional Thinks He Sees His Shadow, but it’s the IRS…Jan 27, 2020Jan 27, 2020
Backdoor Roth IRA: Have you heard of it?Ever heard of a backdoor Roth IRA? Or for that matter, have you ever heard of a MEGA backdoor Roth IRA?Jan 27, 2020Jan 27, 2020
Where to Deduct Mortgage Interest?Even before the TCJA introduced us to higher standard deductions, it has always been important for tax professionals to determine what…Jan 27, 2020Jan 27, 2020
New Draft Form 1040 & Form 1040-SRNew draft forms are here we say — doo dah doo dah How do you think the final versions will play? Oh doo dah day Comments they will fly…Sep 3, 2019Sep 3, 2019
