Please Note: These newsletters are published four times a year. Articles within them can ‘age’ or even become obsolete in the course of the quarter. For the most up to date tax law information, please read the 2015 Welcome Back Letter , my Blog or contact the office with any questions.
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Special Tax Benefits for Charitable Donations Extended Through 2021
The CARES Act of 2020 included provisions to make it easier for taxpayers to donate to charities. Congress and the IRS have extended these temporary rules through tax year 2021. One key rule raises the ...
Tax Tip: Home Testing for COVID Is an FSA & HSA Eligible Expense
The IRS recently reminded taxpayers that home testing for COVID-19 (coronavirus) is a qualified medical expense for various medical spending and savings accounts. The cost of home testing may be paid or reimbursed with tax-protected ...
Upcoming Tax Deadlines
October Day 12 Employees Who Work for Tips - If you received $20 or more in tips during September, you must report them to your employer (employees are required to keep a daily record of tips). All tips ...