What Are the Tax Consequences of Losing Your Job?

What Are the Tax Consequences of Losing Your Job?

If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances.
Wealth Transition and Succession Planning for Businesses During COVID

Wealth Transition and Succession Planning for Businesses During COVID

Thanks to COVID-19, many businesses are rethinking their ideas about wealth transition and succession planning. Do you have a plan?
Reporting Discontinued Operations Today--What You Need to Know

Reporting Discontinued Operations Today--What You Need to Know

COVID-19 has caused companies to make strategic shifts in operations. These pivot strategies may need to be reported under discontinued operations rules.
Excess Business Losses Find Change in the CARES Act

Excess Business Losses Find Change in the CARES Act

The CARES Act made changes to excess business losses. This includes retroactive changes and opportunities for businesses to file amended returns.
Extended Benefit Claims and Appeals Periods During COVID-19

Extended Benefit Claims and Appeals Periods During COVID-19

Federal agencies extended certain claims and appeals periods. These claims and appeals periods apply for employee pension benefits plans subject to ERISA.
DOL Revises FFCRA Rules on Paid Sick and Family Leave

DOL Revises FFCRA Rules on Paid Sick and Family Leave

A federal trial court invalidated provisions of the DOL’s temporary regulations. These regulations affected the paid leave provisions of the FFCRA.
Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

The President has not revealed his future tax policies, but Joe Biden has. That is why the wealthy are strategizing for potential tax increases.
October's Extended Due Date Is Fast Approaching (And So Are Penalties!)

October's Extended Due Date Is Fast Approaching (And So Are Penalties!)

Did you complete your 2019 return by July 15? If not, and you filed a request for more time, that extended due date expires October 15, 2020.