I Owe The IRS More Than I Can Pay Right Now, Help!
If you are one of those people concerned about how you’re going to pay Uncle Sam next week, you have options. If you cannot come up with...
IRS Requests Return of Improperly Issued Stimulus Payments
In late May, the IRS announced that they had sent out approximately 152 million economic relief payments for a total of $258 billion....
IRS Decides to Make Interest Payments on Delayed Tax Refunds
You read that correctly, no it isn’t a typo. Last week, the IRS announced that if you’re still waiting on your federal tax refund, the...
Alimony Payments Post-TCJA: Are My Alimony Payments Deductible?
Unfortunately, divorce seems to be a more common theme in the United States as time goes on. 44% of all households contain at least one...
Life Insurance for Small Business Owners: Supplementing Your Succession Plan
Small business owners, ask yourself this question. What happens to my business if I die? If you’re unsure of your answer, then the first...
Is a Payroll Tax Waiver Better than a Second Stimulus Check?
The Trump administration is in the talks for further economic support during these troubling times. Art Laffer, a member of President...
State-By-State Impacts of Economic Impact Payments (EIPs).
On Friday, April 24, 2002 The treasury Department and the IRS released state-by-state statistics for EIPs. There were 88 million...
Net Operating Losses and the CARES Act: New Guidance Provided by the IRS
As of April 9th, the IRS has released several Notices and Revenue Procedures providing guidance on obtaining tax relief under the CARES...
Second Wave of Paycheck Protection Program Funding: How to Be Prepared
A second round of federal funding in Paycheck Protection Programs (PPP) is set to add another $310 billion into the program. If you...
House Approves Additional Funding for Paycheck Protection Program
The U.S. House of Representatives passed legislation Thursday that will provide $370 billion in additional pandemic-relief funding for...
