COVID-19 Relief Bill

  • December 28, 2020

COVID-19 Relief Bill The bill includes another round of direct stimulus payments and more relief for businesses impacted by COVID-19. The...

IRS Inflation Adjustments for 2021

  • November 13, 2020

The IRS has recently released their inflation adjustments for the tax year 2021. More than 60 tax provisions were revised including...

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Tax Planning Strategies for Businesses

  • November 13, 2020

As 2020 draws to a close, there is still time to reduce your 2020 tax bill and plan ahead for 2021....

Long-Term Care Expenses: What Can You Deduct?

  • August 6, 2020

Written by Olivia Cole Long-Term Care Expenses: What Can You Deduct? As we age, our families are often burdened with the...

Required Minimum Distributions (RMDS) Changes in 2020

  • August 3, 2020

Written by Jennifer Cochran The Cares Act includes several measures designed to stimulate the economy. One provision allows retirees to forgo...

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How do I net capital gains and losses for year end tax planning?

  • July 28, 2020

Written by Jennifer Cochran With the extended July 15th tax deadline past us, now is a great time to think about...

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Checks issued in error by the State of Missouri

  • June 29, 2020

The State of Missouri is erroneously refunding estimated payments made for year 2020. They are mailing out checks for the amounts...

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Deductibility of Expenses Reimbursed by the Paycheck Protection Program

  • May 1, 2020

The IRS released guidance on April 30th to explain that a taxpayer that receives a loan through the Paycheck Protection Program...

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IRS Extends More Tax Deadlines

  • April 10, 2020

The Treasury Department and IRS have provided additional relief to taxpayers for a variety of tax forms and payments. Some of...