Donor Advised Funds
A Donor-advised fund is an efficient tax planning tool for high-net-worth taxpayers interested in charitable giving.
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Payroll Classification Issues: W-2 vs Independent Contractors
it is crucial to understand the difference between Independent Contractors and W2 earning employees.
The SECURE Act – IRAs and Estate Planning
…the SECURE Act requires all distributions to be made within ten years of death to a designated beneficiary for any account holder who passes away after December 31, 2019.
Understanding the American Rescue Plan Act – Tax Credits
“The IRS will make advance payments of the 2021 Child tax credit from July through December to all eligible taxpayers. Eligible taxpayers do not need to do anything other than file their 2020 tax returns to receive these payments.”
CARES Act: Information for Individual Taxpayers
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, the stimulus bill that was signed into law on March 27, 2020, contains legislation to stabilize the economy during the coronavirus pandemic.