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Nowadays, many employer retirement plans give employees the option of contributing to designated Roth accounts (DRAs). According to a...

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity...

How can tenants pay their regular monthly rent bills if they're out of job? As unemployment skyrocketed due to the COVID-19 pandemic,...

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...

Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember,...

President Trump signed the Consolidated Appropriations Act (CAA) into law on December 27, 2020. The legislation adds a few new tax breaks...

The massive COVID-19 relief bill signed by President Trump on December 27, 2020, contains a variety of tax breaks and authorizes direct...

If you're experiencing financial distress during the COVID-19 crisis, you might be thinking about tapping into your Roth IRA to improve...

Congress just passed the PPP Flexibility Act which modifies some of the original terms of the PPP loan. Click on the link below to see...

An Economic Impact Payment made to someone who died, before the Payment was received, should be returned to the IRS. Return the entire...

With much of the country currently on lockdown due to the novel coronavirus (COVID-19) crisis, many nonessential businesses have been...

The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the...

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. In addition to giving people access...