As many are aware, the COVID-Related Tax relief Act has released a second round of economic impact payments (EIP), recovery rebates, and stimulus payments. These payments are in addition to the recovery rebates that were issued throughout 2020 to many taxpayers as...
On December 19, 2019 the Senate passed the “Setting Every Community Up for Retirement Enhancement” Act (SECURE). On December 20th it was signed into law by President Trump. The SECURE Act significantly modifies many requirements for employer-provided retirement plans,...
Budgeting can be mundane and often a task many of us do not look forward to completing; however, this new process allows you to take a completely different look at your budgeting process. You can get the budget you want, and not just the budget you have always had.
“…in this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin. Though Mr. Franklin understood clearly that paying taxes was a certainty, he could not have imagined just how complex tax filing would become. The U.S. tax code is a...
Kudos to congress for passing legislation and protecting the timber industry from a bevy of tax increases. Importantly, the Act extends, and in some cases makes permanent, many provisions that will allow businesses more tax savings opportunities. The PATH act, signed...
One of the most frequent questions I receive during tax season is “Can I deduct expenses for my home office?”
