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

The Biden Administration Corporate Tax Proposal

The IRS Is Messing with Taxation of Unemployment Benefits

Show Notes:
1) The IRS is messing with taxation …

Overcoming obstacles and maintaining personal growth during the pandemic

Overcoming Obstacles and Maintaining Personal Growth During the Pandemic

Overcoming obstacles and maintaining personal growth during the pandemic is difficult.  The COVID-19 pandemic has altered almost every aspect of our lives. Now a year into the pandemic, we have witnessed the devastating effects that sickness, death and job loss have had on society. Though society slowed down, life during the pandemic did not come…

Planning with Cryptocurrency -Part 1 How is Cryptocurrency Taxed?

Planning with Cryptocurrency -Part 1 How is Cryptocurrency Taxed?

     Tax planning with Cryptocurrency can be tricky.  Due to the adoption of cryptocurrency by many financial institutions, the acceptance as a payment method for Companies and the meteoric rise (and drop) in price, many of our clients are asking us some fundamental questions about this class of assets. Fundamental tax questions about this class…

The Biden Administration Corporate Tax Proposal

April 15th Is Now May 15th

Today’s Subjects:

1) April 15th is now May 15th…