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...
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 of the Setting Every Community Up for Retirement Enhancement Act of 2019, or SECURE Act. This law, which took effect this year, gives all us owners of tax-deferred...
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 two months. This federal tax filing season, however, will continue for folks who’ve endured some of the notable natural disasters that have helped make 2020 so terrible. Last...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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