Use Form 8915-E to report, repay COVID-related retirement account distributions
With the holidays here and no additional immediate COVID-19 economic relief payment in sight, some folks likely have or are considering tapping their retirement accounts. That option was made easier as part of the Coronavirus Aid, Relief, and Economic Security (CARES)...
Tax Penalties in 2021 by inflation
The NFL is pressing ahead this coronavirus-affected football season. There’s been COVID-19 positive personnel and postponed games, but one thing remains the same in 2020. On-field officials are still “throwing flags. The Internal Revenue Service...
Watch out for continuing COVID-19 tax (scams)
It’s no surprise that bad people take advantage of bad situations. That’s why as we continue to cope with COVID-19, pandemic-related scams — tax and otherwise — proliferate. The latest coronavirus tax scam arrives via a text message. COVID-19 text scam...
Working from home is an advantage that should be taxed, says report
Remote work has been among the many COVID-related challenges of 2020. Many employees have appreciated the added flexibility and no commute. Those who aren’t that social say they’ve been more productive since they haven’t had to spend time schmoozing...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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