Thomas SchornJul 5, 20202020 RMD Repayment RulesThe IRS issued adjusted 2020 RMD repayment rules at the end of June. You can now repay RMD withdrawals – even if the withdrawal was in...
Thomas SchornApr 23, 2020Watch Out for Coronavirus ScamsScammers are always looking for new ways to take advantage of people. Now they are using the same tactics to take advantage of consumers'...
Thomas SchornApr 8, 2020Employee Retention CreditMuch of the attention within the CARES Act relates to the Paycheck Protection Program. A new employee credit was introduced in the CARES...
Thomas SchornMar 30, 2020RMD & Related Changes for 2020I continue to study the stimulus package passed last week and will continue to send relevant information that is beneficial to you. This...
Thomas SchornMar 29, 2020Beware of Stimulus Payment ScamsBeware of Stimulus Payment Scams Here’s what you need to know about stimulus payment processing in order to protect yourself from...
Thomas SchornFeb 21, 20202019 IRA ContributionsEven though the tax filing season is well underway, there's still time to make a regular IRA contribution for 2019. You have until your...
Thomas SchornFeb 14, 2020The SECURE Act and Your Retirement SavingsThe Setting Every Community Up for Retirement Enhancement (SECURE) Act enacted in December 2019 as part of a larger federal spending...
Thomas SchornDec 27, 2019New Spending Package Includes Sweeping Retirement Plan ChangesThe $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement...