Video: COVID Tax Relief Act Is Coming
After months of political bickering, Congress is finally passing a new COVID Tax Relief Act. Watch this video for a summary of what you can expect from this tax relief package.
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Video: Don’t Fall Behind Saving For Retirement
You don’t want to fall behind when saving for retirement. And right now, many people are choosing not to add to their retirement savings. Or simply planning for their Social Security income to take care of their needs. To encourage better preparation for retirement, tax laws offer a variety of incentives to help. Watch this …
Video: Unable to Keep Up with Your Home Mortgage Payments?
If you are unable to keep up with your home mortgage payments, you are not alone! Many others are receiving temporary home mortgage relief under the CARES Act. Even if you are in danger of having your home repossessed, consider the ramifications of financial relief. Any debt relief can have an impact on your taxes. …
Video: Do You Know That Unemployment Benefits Are Taxable?
Many people are unaware that the unemployment benefits received from federal and state benefits are taxable, leading to a potentially unpleasant outcome on your 2020 tax return. Watch the video below to learn more.
Watch Out for Tax Penalties
Watch out for tax penalties! While most taxpayers don’t intentionally incur tax penalties, many who are penalized just aren’t aware of what those penalties are. Nor are they aware of the possible impact on their wallets. Watch this video to look at some of the more commonly encountered tax penalties and how to avoid them …
Tips to Keep Your Business Afloat During Covid-19
COVID-19 has had an unprecedented economic impact – especially on small business owners. Watch this video to find out steps to help keep your business afloat during COVID-19. Learn what is needed to take a pragmatic view of what has happened and what steps you may be willing and able to take to bounce back. …
Watch Out: The Treasury Is Sending Some Stimulus Payments by Debit Card
The government has begun sending out some of the stimulus payments by debit card. These cards are mailed in plain white envelopes, which some people have thrown away, thinking it was junk mail. Watch the video to learn more.
Video: How Much Will I Get from The COVID-19 Stimulus Rebate Program?
Watch this video to learn about the different income thresholds and phaseout amounts for the stimulus rebate program. The rebate is actually a credit allowed on your 2020 tax return being paid in advance. Learn more.
Video: Self-Employed Individuals Now Qualify for Unemployment
Watch this video to learn about the latest changes regarding unemployment and the self-employed. To qualify an individual must self-certify they were unable to work for one or more of 10 specified reasons.
Video Quick Tips: Good IRA News for Retirees
Now as part of the SECURE Act that was included in the Appropriations Act of 2020, and effective for tax years beginning in 2020, individuals who otherwise qualify can make traditional IRA contributions at any age.
Video Tips On What To Do If You Receive An IRS Deficiency Notice
Nobody likes getting mail from the IRS – especially when it’s something you weren’t expecting. Watch the video to learn more about what to do next if you received an IRS deficiency notice. If you enjoy watching our short videos, here are additional videos showing great tips. Video Tips on Tax Extenders & Tax Return …
Tax Extenders and Tax Return Amendment Opportunities – Video
At the end of 2019, Congress passed a series of tax extenders and retroactive tax provisions called the Appropriations Act of 2020. The Act included a number of tax law changes. Watch this video to see if it makes sense to amend your tax return. If you missed any of the earlier tax law change …
Video Highlights Of Recent Tax Law Changes
It’s a great time to review the various changes that impact 2019 tax returns. Watch this video for details, or read our recent post about Tax Changes for 2020.
Video Tips On Working With A Partner or Cofounder
If you’re working with a partner or cofounded, be aware. The number-one threat to your business isn’t an external factor at all. It’s the people you started that business with – specifically partners, or cofounders.` Watch the video to learn more.