News and Updates

Back to the Future: Prior-Law Kiddie Tax Rates Retroactively Reinstated

Do your children or grandchildren receive unearned income from investments? Federal tax law...

How to Avoid Penalties on Early Retirement Account Withdrawals

Economic fallout from the COVID-19 crisis may cause some cash-strapped individuals to default on...

5 Mid-year Tax Planning Ideas for Small Business Owners

The second half of 2020 has begun. What steps can small business owners take today to lower taxes...

Mid-year Tax Planning Ideas for Individuals

The extended July 15 deadline for filing your 2019 federal income tax return is behind us. Now it’s...

Who Will Run Your Business After You?

If you’re a business owner, do you have a plan in place that names who’ll follow you as head of...

Employees Working at Home? Rethink Your Space Needs

For some employees, working from home is a personally liberating experience that contributes to...

A Good Time for Making Tax-Smart Family Loans

During the COVID-19 crisis, you may want to loan money to a family member in need of financial...

COVID-19 Tax Relief: Roundup of Postponed Federal Tax Deadlines

As a COVID-19 relief measure, the IRS has postponed many of the usual federal tax filing and...

Last-Minute Strategies for Businesses that Deferred Filing Tax Returns

Postponed Deadlines for Business Entities

The IRS has postponed until July 15 deadlines for federal...

Tax Tips for Individuals Who Haven’t Filed a Return for 2019

As part of the federal government’s tax relief measures during the COVID-19 pandemic, the IRS...