The tax code includes a provision that allows the IRS to waive the required foreign residency and presence periods in case of war, civil unrest, or other adverse conditions.
Bil Lako, CFP®, explains when the market is tumbling the one thing you can do is control your cash flow and refinance your home mortgage.
In the Marietta Daily Journal, Bil Lako, CFP®, shares how the IRS is handling tax issues relating to coronavirus-related distributions from retirement accounts.
Understanding your biases may help you avoid questionable calls in the heat of the financial moment.
The CARES Act created additional business provisions for bonus depreciation, student loans, limitations on losses and business interests, as well as alternative minimum tax (AMT) credits.
The IRS will let employers allow mid-year changes to their employer-sponsored health care and dependent care elections.
To encourage charitable contributions to deserving qualified charities during these trying times, Congress has relaxed some of its restrictions related to how much a taxpayer can deduct as a charitable contribution in any given year.
Need to tap your retirement accounts for coronavirus-related reasons? We explain how the IRS is addressing the tax issues.
If you are struggling financially due to the COVID-19 epidemic, the CARES Act makes it easier for you to access your retirement funds during this emergency.
The “Money Talks” Experts provide some insight for business owners who have eight weeks to use their PPP loan funds for payroll costs if they want the loan forgiven.