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...
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...
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...
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...
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...
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...