If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations. But what happens if you haven’t received such a letter — can you still claim a deduction for the gift on you...

Earlier this week, the White House announced several reform measures targeted at helping small businesses with fewer than 20 employees get much-needed financial relief from the remaining $150 billion in Paycheck Protection Program (PPP) funds to reop...

Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations. That’s understandable because your 2020 individual tax return is due to be filed in less than three months (unless you file an extens...

We all know that home fires can be devastating, but you may not know or be aware of a few hard truths. Aside from the fact that fires can become life threatening in less than two minutes, a small flame caused by an overturned candle or overheated app...

The Internal Revenue Service (IRS) announced it is opening the 2020 individual income tax return filing season on February 12. (This is later than in past years because of a new law that was enacted late in December.) Even if you typically don’t fi...

It’s no surprise that accounting for forgivable loan proceeds under the Small Business Administration (SBA)’s Paycheck Protection Program (PPP) has caused much confusion for many borrowers. Ever-changing regulations and guidance on the program’...

Attending college is one of the biggest investments that parents and students ever make. If you or your child (or grandchild) attends (or plans to attend) an institution of higher learning, you may be eligible for tax breaks to help foot the bill. Th...

President Joe Biden has announced his plan to provide additional aid to Americans struggling in the wake of the COVID-19 pandemic. This proposed plan would deploy more than $1.9 trillion in relief to businesses, individuals and governmental entities....