Who would ever have foreseen a time when petroleum companies would pay you to take their oil? This phenomenon underscores the concept that within every problem there is an opportunity. Here are some tax strategies to think about during the Coronavirus pandemic. Now...
The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know. Background As a response to the Coronavirus pandemic, the government is sending...
In addition to filing delays and stimulus payments, the IRS is implementing many changes in response to the coronavirus pandemic. Here are some of the major topics that could affect you and your family. Early distribution penalty waived The 10% early distribution...
The Coronavirus Aid, Relief, and Economic Security (CARES) Act recently signed into law provides a one-time payment, among other items, to individuals to help ease the economic strain caused by the Coronavirus epidemic. Here are the details of the stimulus payment...
“The legislation developed in the Senate is the first step to restoring confidence and stability to America’s economy.” – President Trump SECURING EMERGENCY RELIEF: President Donald J. Trump is signing bipartisan legislation to provide relief to American...
The Families First Coronavirus Response Act is a new law passed in late March that offers COVID-19 assistance for both employees and employers. This new law provides businesses with fewer than 500 employees the funds to provide employees with paid leave, either for...
