Tax Preparation

June 5, 2020

Protecting Yourself From Opportunistic Fraud

The novel coronavirus (COVID-19) crisis has spurred much confusion and unprecedented economic challenges. It has also created ample opportunities for dishonest individuals and criminal organizations to […]
June 30, 2020

IRS Explains Economic Impact Payment Tax Implications – Federal Tax Update

In e-News for Tax Professionals, the IRS has explained the tax implications of receiving an economic impact payment (EIP). Background:  As part of the CARES Act, IRS […]
July 10, 2020

President Signs PPP Application Extension Bill Into Law

On July 4, President Trump signed S 4116 into law. The bill extends the Paycheck Protection Program (PPP) loan application deadline until August 8. Background The Coronavirus […]
July 27, 2020

Charitable Giving in a Time of Crisis

The sudden and severe impact of the novel coronavirus (COVID-19) pandemic has created much financial stress, but the crisis has also generated an intense need for […]