Brewer, Eyeington, PatoutJul 13, 20214 minShould You Consider an Employer Roth 401(k) Account?Nowadays, many employer retirement plans give employees the option of contributing to designated Roth accounts (DRAs). According to a...
Brewer, Eyeington, PatoutMay 27, 20215 minMaterial Participation Standard is the Key to Unlocking LLC Tax Losses Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity...
Brewer, Eyeington, PatoutMay 21, 20215 minHow Landlords Can Cope with Pandemic FalloutHow can tenants pay their regular monthly rent bills if they're out of job? As unemployment skyrocketed due to the COVID-19 pandemic,...
Brewer, Eyeington, PatoutApr 22, 20214 minAre Your Former Employees Eligible for COBRA?If you've had to lay off employees as far back as Nov. 1, 2019, a tiny portion of the $1.9 trillion American Rescue Plan Act (ARPA) might...
Brewer, Eyeington, PatoutFeb 19, 20215 minLast Minute Tips for your 2020 Personal ReturnGoodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember,...
Brewer, Eyeington, PatoutFeb 11, 20215 minNew Law Adds Tax BreaksPresident Trump signed the Consolidated Appropriations Act (CAA) into law on December 27, 2020. The legislation adds a few new tax breaks...
Brewer, Eyeington, PatoutFeb 11, 20217 minNew Law Changes for IndividualsThe massive COVID-19 relief bill signed by President Trump on December 27, 2020, contains a variety of tax breaks and authorizes direct...
Brewer, Eyeington, PatoutFeb 10, 20216 minRoth IRA Withdrawals during COVID-19If you're experiencing financial distress during the COVID-19 crisis, you might be thinking about tapping into your Roth IRA to improve...
Brewer, Eyeington, PatoutJun 5, 20201 minThe PPP Flexibility ActCongress just passed the PPP Flexibility Act which modifies some of the original terms of the PPP loan. Click on the link below to see...
Brewer, Eyeington, PatoutMay 11, 20201 minEconomic Impact PaymentAn Economic Impact Payment made to someone who died, before the Payment was received, should be returned to the IRS. Return the entire...
Brewer, Eyeington, PatoutApr 24, 20204 minBusiness Interruption Insurance PoliciesWith much of the country currently on lockdown due to the novel coronavirus (COVID-19) crisis, many nonessential businesses have been...
Brewer, Eyeington, PatoutApr 8, 20204 minTax-Favored Distributions The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the...
Brewer, Eyeington, PatoutApr 1, 20205 minThe CARES ActThe Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. In addition to giving people access...