Insights

The American Rescue Plan Act of 2021, signed into law on March 11, includes a third round of stimulus payments. The IRS will begin...

Opening and contributing to your spouse's IRA is simple but usually overlooked. To contribute to a spouse IRA you must file a joint tax...

Tax planning is one of those activities where you get out of it what you put into it. Tax planning, not tax prep, can reduce your tax...

To complete your 2020 return, you will need your Recover Rebate Credit(s) received. The credits are not taxable but need to be known to...

Two emergency relief bills passed in 2020 in response to the COVID-19 pandemic will make this an unusual tax season for many taxpayers....

The IRS is issuing millions of COVID-19 relief stimulus payments on prepaid debit cards aimed at those who do not have direct deposit....

The CARES Act expanded the scope of Internal Revenue Code (IRC) Section 127—which addresses employer-paid tuition benefits—to include up...

The IRS has announced that the federal income tax filing season for the tax year 2020 returns begins on Friday, February 12, 2021....

The Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of...

With the holiday season upon us, it is time when charitable giving often comes to mind. The tax benefits associated with charitable...

The IRS issued adjusted 2020 RMD repayment rules at the end of June. You can now repay RMD withdrawals – even if the withdrawal was in...

Scammers are always looking for new ways to take advantage of people. Now they are using the same tactics to take advantage of consumers'...

Much of the attention within the CARES Act relates to the Paycheck Protection Program. A new employee credit was introduced in the CARES...

I continue to study the stimulus package passed last week and will continue to send relevant information that is beneficial to you. This...

Beware of Stimulus Payment Scams Here’s what you need to know about stimulus payment processing in order to protect yourself from...

Even though the tax filing season is well underway, there's still time to make a regular IRA contribution for 2019. You have until your...

The Setting Every Community Up for Retirement Enhancement (SECURE) Act enacted in December 2019 as part of a larger federal spending...

The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement...