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
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Posted in Tax Update with Ron
Episode 29: The IRS is Waiving Penalties For Not Filing During Covid, If….
If you didn’t file your tax return during covid, …
Episode 28: CA Middle Class Tax Refund; Is Biden’s Student Loans Forgiveness Taxable?
If you’ve had any student loan debt cancelled as …
Episode 27: Criminal Investigations Division at the IRS
They will show you their badge, and they often ca…
The Miracle Behind the Growth of The Stock Market
The growth we’ve experienced in the last four decades in the economy as well as in the stock market is nothing short of a miracle. I attribute much of this growth to advancements in technology- specifically computer processors. Prior to the 1970’s computers were as big as refrigerators and operated in cool storage rooms. In…