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IRS Issues Notice 2020-51- Provides additional relief and guidance on waiver of 2020 Required Minimum Distributions IRSTax Services

IRS Issues Notice 2020-51- Provides additional relief and guidance on waiver of 2020 Required Minimum Distributions

The CARES Act among many other things, granted a waiver from taking Required Minimum Distributions…
June 24, 2020
What qualifies as a “coronavirus-related distribution” from a retirement plan? Individuals

What qualifies as a “coronavirus-related distribution” from a retirement plan?

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows…
June 24, 2020
Launching a business? How to treat start-up expenses on your tax return Business

Launching a business? How to treat start-up expenses on your tax return

While the COVID-19 crisis has devastated many existing businesses, the pandemic has also created opportunities…
June 23, 2020
Nonprofits: Carefully navigate the upcoming election Nonprofit

Nonprofits: Carefully navigate the upcoming election

The 2020 presidential election is fast approaching and your not-for-profit has a stake in its…
June 20, 2020
Re-evaluate your company’s competitiveness in a changed economy Business

Re-evaluate your company’s competitiveness in a changed economy

Just about every business owner’s strategic plans for 2020 look far different now than they…
June 18, 2020
Good records are the key to tax deductions and trouble-free IRS audits Business

Good records are the key to tax deductions and trouble-free IRS audits

If you operate a small business, or you’re starting a new one, you probably know…
June 16, 2020
If you’re selling your home, don’t forget about taxes Individuals

If you’re selling your home, don’t forget about taxes

Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis…
June 16, 2020
Is it time to outsource finance and accounting? Accounting

Is it time to outsource finance and accounting?

Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the…
June 13, 2020
Rebuilding your nonprofit’s board Nonprofit

Rebuilding your nonprofit’s board

In times of turmoil, your board of directors should be your not-for-profit’s rock-solid foundation. But…
June 11, 2020
PPP Flexibility Act eases rules for borrowers coping with COVID-19 Business

PPP Flexibility Act eases rules for borrowers coping with COVID-19

As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP)…
June 11, 2020
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