Use Form 8915-E to report, repay COVID-related retirement account distributions
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...

Tax Penalties in 2021 by inflation
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...

Watch out for continuing COVID-19 tax (scams)
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...

Working from home is an advantage that should be taxed, says report
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...

IRS updates life expectancy tables that determine RMDs
IRS updates life expectancy tables that determine RMDs

If you've been saving for retirement, then you likely are as jazzed as I am about a provision...

Will the IRS be ready for the 2021 tax season?
Will the IRS be ready for the 2021 tax season?

2020, a year that many of us would just as soon forget, will end in just more than...