Category: Articles

The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks. Before the Consolidated Appropriations Act (CAA) was signed, these federal income tax breaks (often called Read More

On December 27, President Trump signed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as other tax and health-related provisions. The CAA contains the COVID-Related Tax Relief Act of 2020 Read More

On December 21, Congress passed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief for individuals and businesses, as well as other tax and health-related provisions. White House aides had indicated that President Read More

On Monday, December 21, 2020, Congress voted to approve a long-awaited stimulus related to the ongoing Covid-19 Coronavirus pandemic. The legislation is expected to be signed into law this week. The bill contains numerous provisions Read More

Here's an overview of the current individual tax rates under the Tax Cuts and Jobs Act (TCJA). Many of its provisions that affect individuals will expire in 2026, unless Congress extends them.   Federal Income Read More

Given today's stock market valuations and historically low-interest rates on fixed-income investments, some IRA owners may be interested in moving some funds from equities and low-risk securities (such as Treasuries and money-market funds) to precious Read More

Many small business owners are looking forward to the end of 2020. It's been a year of significant hardship and stress. But staying afloat remains a daunting challenge in 2021 and cost-cutting measures may be Read More

Earlier this year, employers were polled by Mercer, a global benefits consulting service, to give their preliminary thinking about flexible work arrangements in a post-pandemic environment. Their answers suggest that, in some cases, companies with employees Read More

Not-for-profits are held to strict reporting standards. For instance, your organization is required to annually file Form 990 with the IRS to preserve your tax–exempt status, among other requirements. But reporting isn't limited to the federal Read More

The idea of leaving a significant inheritance to your children or grandchildren may give you pause. Could the promise of wealth make your heirs act financially irresponsible or reckless? Anticipating a cash cushion, will they neglect Read More