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2020 – 06/24
Generally, taxpayers who take distributions from tax-favored retirement accounts before age 59½ must pay a 10% tax penalty. They must […]
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2020 – 06/23 – What qualifies as a “coronavirus-related distribution” from a retirement plan?
The CARES Act allows qualified people to take “coronavirus-related distributions” from retirement plans without paying tax. So how do you […]
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2020 – 06/19
The Small Business Administration (SBA) continues to help businesses recover from the effects of the COVID-19 crisis. Taxpayers can apply […]
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2020 – 06/16
Valuable tax credits are available to employers to help mitigate the effects of the COVID-19 pandemic. But amid the chaos […]
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2020 – 06/04
On June 4, the U.S. Senate passed the Paycheck Protection Program (PPP) Flexibility Act of 2020. The president is expected […]
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2020 – 06/02
The IRS has issued FAQs for C corporations that are interested in carrying back net operating losses (NOLs) to years […]
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2020 – 06/01
The IRS has postponed deadlines for time-sensitive actions with respect to certain employment taxes, employee benefit plans, exempt organizations, IRAs, […]
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