June 26, 2020 How to Regain Your Tax-Exempt Status After Losing It There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and … Read More
June 26, 2020 What Qualifies As A “Coronavirus-Related Distribution” From A Retirement Plan? As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain … Read More
June 23, 2020 Beware of the IRS and DOL: Four Red Flags They Seek on Form 5500 The Form 5500 is an ERISA requirement for retirement plans to report and disclose operating procedures. Advisors use this to … Read More
June 2, 2020 Student Loan Interest: Can You Deduct It On Your Tax Return? The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit. … Read More
June 2, 2020 When Nonprofit Contributions Are Quid Pro Quo Charitable contributions aren’t always eligible for tax deductions — even when the not-for-profit recipient is tax exempt and the donor … Read More
May 1, 2020 IRA Account Value Down? It Might Be A Good Time For A Roth Conversion The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market downturn. … Read More
April 22, 2020 Adjusting Your Financial Statements For COVID-19 Tax Relief Measures The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for … Read More
April 9, 2020 UBTI: Making Sense of Unrelated Business Taxable Income for Nonprofits A lot of the work of running a non-profit organization with tax-exempt status involves ensuring that the entity doesn’t engage … Read More
April 1, 2020 COVID-19 Stimulus Package Offers Relief to Affected Individual Taxpayers During these uncertain times, it pays to know what relief is available under the CARES Act for you and your … Read More
March 31, 2020 Another Way to Save: New Tax Credit for Plan Participants According to a Transamerica Center for Retirement Studies (TCRS) report fewer than four in ten U.S. workers know about a … Read More
March 28, 2020 President Trump Signs Into Law the CARES Act On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides … Read More
March 26, 2020 CARES Act Will Provide Billions of Dollars of Relief Find out how the CARES Act may help you weather the COVID-19 pandemic. Read More
