Possible PPP Legislation & 1099-B
Possible PPP Legislation:
https://www.bloomberg.com/news/articles/2020-05-26/hoyer-says-house-and-senate-close-on-ppp-loan-extension
Form W-4P
https://www.irs.gov/pub/irs-pdf/fw4p.pdf
IRS Notice 2020-3
https://www.irs.gov/pub/irs-drop/n-20-03.pdf
Relocating? Revisit your Planning
Relocating? Revisit your Planning If you are new to our state, or someone among your family or friends has just relocated here, we say, “Welcome!” Your move was certain to have been hectic (isn’t everyone’s?), and you still must have a million things to do. Even so, we’d like to make some suggestions regarding your…
Save for Retirement – Early is Better than Late
Save for Retirement – Early is Better than Late We all should plan for our retirement. The worst thing that can happen is to reach an age where you don’t want to work anymore, and not be able to quit because you don’t have the money saved to do so. Most of us start saving…
Estate Tax Confusion Continues as of 2/13/10
Estate Tax Confusion Continues as of 2/13/10 As of 2/13/10, U.S. estate tax outcomes — (and capital gains tax for the heirs) — for taxpayers who pass away in 2010, are becoming more confusing each day Congress does not act to replace expired laws. The following is a Wall Street Journal article on the complete…
Estate Tax Repeal or Revision?
Estate Tax Repeal or Revision? In 2010 the estate tax will be repealed and the gift tax rate will fall to 35%. However, this repeal is effective only for that year and the estate tax will be reinstated in some form the very next year (2011). The US Senate is considering options to reduce or…