Federal Tax Updates

Timely analysis of federal tax law changes, guidance, and developments affecting practitioners.

News from Recent IRS Notices

News from Recent IRS Notices The IRS continues to issues notices with guidance on items from the CARES Act and Families First Coronavirus Response Act. In today’s video, Tom discusses…

PPP Loans for the Self-Employed: SBA Q&A

PPP Loans for the Self-Employed: SBA Q&A The U.S. Small Business Administration’s Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their…

Information on Coronavirus Stimulus Packages

Information on Coronavirus Stimulus Packages All of the acts, programs, loans, etc that have been released with the Coronavirus Stimulus Packages can get confusing. If you have tax clients that…

FAQ IRS Notice 2020-18: Federal Tax Relief

FAQ IRS Notice 2020-18: Federal Tax Relief Tom walks us through the frequently asked questions as posted by the IRS regarding Notice 2020-18, which provides special Federal income tax return…

Advanced Premium Assistance Creates Planning Opportunities

Advanced Premium Assistance Creates Planning Opportunities So you have clients who purchased their health insurance on the marketplace – how do you reconcile the advanced premium tax credit they may…

Tax Extenders

Tax Extenders Did you know there a number of provisions that have been extended AND made retroactive via the Consolidated Appropriations Act, 2020, signed by the President on December 20,…