Paycheck Protection Program and Other Deadline Updates 4.13.20
Non-Filers: Enter Payment Info Here
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
Economic Impact Payments
https://www.irs.gov/coronavirus/economic-impact-payments
Deloitte Update on Phase 4 Covid-19 bill:
https://newsletters.usdbriefs.com/2020/Tax/ALS/200413_1.html?elqTrackId=22d5d793306e4f02950504730022a362&elq=79d172a9e23e48ccaae51a8e4d3f2c26&elqaid=69713&elqat=1&elqCampaignId=13291
Profit From Your Children
Profit From Your Children Profit from your children? Making maximum use of your dependents can help slash your taxes significantly. “Dependents” generally mean your kids, but many of these gambits also work with low-income parents you might be assisting financially — even if they aren’t your dependents. Here are a few to consider. Hire your…
Myths About Trusts
Myths About Trusts Trusts are a dependable way to arrange for the management of family funds. Yet even financially sophisticated people settle for less satisfactory alternatives. Lack of knowledge isn’t the problem. It’s the assorted myths about trusts handed down over the years. Myth #1. Only the very rich use trusts. Because what the superrich…
Calculating Capital Gains Tax on the Sale of a Collectible
Calculating Capital Gains Tax on the Sale of a Collectible Uncle Sam takes a tax bite out of almost every asset sold and collectibles are no exception. Indeed, collectibles are currently subject to one of the highest rates of federal taxation on an investment property. Long term Capital gain from the sale of a collectible…
Don’t Get Scammed on Your 2015 Tax Return
Don’t Get Scammed on Your 2015 Tax Return By Alan Olsen, CPA, MBA (tax) Managing Partner Greenstein Rogoff Olsen & Co. LLP It’s tax season and for a lot of people that can be a very scary time of year. Some people will attempt to go it alone and use an online tax program, while…