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IRS To Allow Tax-Free, Penalty-Free Deferred Tax Payments

In an effort to provide relief in light of the COVID-19 outbreak, Treasury Secretary Steven Mnuchin announced that 90-day tax-free, penalty-free tax deferrals will be allowed as follows: Individuals: Individuals...

Mitigating Disruption in Times of Crisis

Considerations for Business Leaders in Response to COVID-90 The number of COVID-19 confirmed cases is increasing and government responses are escalating rapidly around the globe. The coronavirus pandemic and the...

Why Getting a Tax Refund Isn't Always A Good Thing

Everyone loves getting a tax refund, right?Not us! We'll explain why; but first let's cover some basics about filing deadlines and refund timing. Preparing, Filing and Acceptance of Return. There are several steps...

What Happens if You Don't File Taxes

In addition to the personal stress it can cause, failing to file your taxes for many years can lead to serious consequences, not only with the IRS, but with other agencies that require you to show tax returns. This...

Innovation Trends in Manufacturing

Supply Chain Radio Now Podcast Episode 269 "Innovation Trends in Manufacturing: Aaron Meredith with Point A Center for Supply Chain Innovation"We are so excited to announce that we are a new partner in...

Where to Start When Starting a Business

With a new year upon us, you may be thinking of things like New Year's resolutions and dreams you've had year after year. One big dream that a lot of people have is starting a business. Deciding to start your own...

Got a Notice from the IRS - Now What?

If you receive an audit notice from the IRS, do not panic. Just breathe! Read the letter in its entirety to see what they are auditing. In many cases, it's a great idea to hire a tax representation professional to...

Tax Strategies for the Retired Taxpayer

After years of saving for retirement, it's time to start using those savings-even if you don't really need to. Once you reach 70 ½ years old, you must begin taking annual distributions from your qualified...

TCJA & Understanding Changes to Mortgage Interest Deduction

The Tax Cuts and Jobs Act of 2018 changed both the type of mortgage interest that can be deducted as well as the amount of interest that can be deducted. Acquisition Debt vs. Equity Debt Acquisition Debt is...

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