Possible PPP Legislation & 1099-B

The Inflation Reduction Act Passed the House and Senate! Ron Cohen Episode 25

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

Health Care For Senior Citizens – Understanding Medicare!

Health Care For Senior Citizens – Understanding Medicare!

Health Care For Senior Citizens – Understanding Medicare! By Dennis Wolfe In America having health care cost protection (also known as medical insurance) is not a right. Neither is it a right to access health care services. Health care services in strict economic definitions are simply services for which we consumers pay fees. As consumers…

Rate Yourself Using Debt-to-income Ratio

Rate Yourself Using Debt-to-income Ratio

Rate Yourself Using Debt-to-income Ratio By Linda Stern WASHINGTON (Reuters) – If you were a company, what would the analysts be saying about you?   Most investors use financial ratios to grade the companies the average debt to income ratio by age buy and sell, but they rarely subject their own finances to the same…

Taxpayers Have Until April 17 to File and Pay

Taxpayers Have Until April 17 to File and Pay Taxpayers across the nation will have until Tuesday, April 17, 2007, to file their 2006 returns and pay any taxes due, the Internal Revenue Service announced today. Taxpayers will have extra time to file and pay because April 15 falls on a Sunday in 2007, and…

IRS

IRS FIN 48

IRS FIN 48 Background As a result of the impending effective date for the application of Financial Accounting Standard Board Interpretation No. 48, Accounting for Uncertainty in Income Taxes, of FASB Statement 109 (FIN 48), some taxpayers may wish to request a greatly accelerated examination and resolution before the end of their current financial statement…