For many years, transactions and earnings in virtual currencies stayed off of tax returns. As the value of cryptocurrencies rose, the IRS began enforcing and clarifying cryptocurrency tax laws. The…
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The December 2020 COVID-19 stimulus bill has been signed into law by the President and includes many provisions designed to help individual taxpayers continue to weather the pandemic. Among other…
Cancellation of debt is an issue that often arises around tax time and is something that every taxpayer should understand. Many people are relieved to reach the end of a…
Scammers never let an opportunity go to waste, and the COVID-19 pandemic has introduced new ways for bad actors to prey on the vulnerable and scared in the form of…
Last month, we covered some of the most sweeping changes to tax regulations for 2020. Following is a list of 8 more 2020 tax changes that may be meaningful for…
The 2020 tax season is going to sneak up on us. Several of the coronavirus relief laws that were passed on a federal level, including the CARES Act, created new…
The COVID-19 public health crisis has taken its toll on businesses, individuals, retirees, and everyone in between. One of the efforts to help bring economic relief is a series of…
As the COVID-19 pandemic continues to unfold, people are anxious about a double-whammy of illness and economic impacts. Our recent special economic update webinar gave us the opportunity to share…
This post was updated on May 13, 2020, to include information about the CARES Act financial aid provision for college students. The CARES (Coronavirus Aid, Relief, and Economic Security) Act…
Last year was a big year for changes to retirement planning as contribution limits increased significantly for almost all plans and ages. At the tail end of 2019, President Trump…
