Mika Henrickson
Full Breakdown: IRS Filing, Payment, and Action Deadlines
Article Highlights: Filing Due Date Postponement Payment Due Date Postponement Extensions Late Filing and Late Payment Penalties Required...
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Mika Henrickson
- Apr 10, 2020
- 4 min
The IRS Starts Issuing Coronavirus Payments April 9th: When Will You Get Your Funds?
With the impact of the COVID-19 crisis affecting people all over the country, the Internal Revenue Service and the Treasury Department...
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Mika Henrickson
- Mar 31, 2020
- 3 min
Running Low on Money? Congress Has Made it Easier for You to Tap Your Retirement Savings
Article Highlights: COVID-19 Tax Benefits Retirement Plan Withdrawals Waiver of 10% Early Withdrawal Penalty Retirement Plan Loans Roth...
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Mika Henrickson
- Mar 26, 2020
- 4 min
What Does the $2 Trillion Stimulus Package Mean for You?
Article Highlights: Recovery Rebate Penalty-Free Retirement Withdrawals Waiver of the 2020 RMD Requirement Temporary Removal of...
23 views0 comments
Mika Henrickson
- Mar 26, 2020
- 3 min
Beware of Scammers During the COVID-19 Crisis
As part of the efforts to contain the COVID-19 outbreak, the elderly, especially those over the age of 80 who are most susceptible the...
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Gabriel Velez
- Mar 24, 2020
- 3 min
Update on COVID-19 - Tax Deadlines and Mortgage Relief
Federal - Tax deadlines The Treasury Department and IRS are extending the due date for filing federal income tax returns to July 15,...
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Gabriel Velez
- Mar 16, 2020
- 2 min
Coronavirus Tax Relief and more
We're reaching out today to update you on the impact of the COVID-19 global pandemic on the tax and accounting industry and to help...
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Mika Henrickson
- Dec 13, 2019
- 4 min
Tips to Avoid 2019 Tax Penalties
Article Highlights: Underpayment Penalties Withholding Under-distribution Penalty Required Minimum Distributions IRA-to-Charity...
10 views0 comments
Gabriel Velez
- Nov 22, 2019
- 4 min
Tax Benefits for People with Disabilities
Article Highlights: ABLE Accounts Disabled Spouse or Dependent Care Credit Medical Deductions Home Modifications Special Schooling...
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T&V Blogger
- Oct 25, 2019
- 4 min
Deducting the Costs of Modifications for Senior-Proofing a Home
While Americans may argue about any number of hot-button political topics, there’s no disagreement on one issue: the country’s population is
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T&V Blogger
- Oct 25, 2019
- 1 min
November 2019 Individual Due Dates
November 12 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during October, you...
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T&V Blogger
- Oct 18, 2019
- 3 min
6 Simple Personal Finance Tips That Lead to a Big Payoff
Let's face it: A lot of personal finance advice seems to be incredibly repetitive and common sense — like paying off your debt ASAP and...
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T&V Blogger
- Oct 18, 2019
- 5 min
Employer-Offered Benefits That Can Save You Money and Taxes
Article Highlights: Health Insurance Retirement Plans Qualified Transportation Fringe Benefits Flexible Spending Accounts (FSAs) Group...
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T&V Blogger
- Oct 18, 2019
- 3 min
3 Common Personal Income Tax Problems & How to Respond
Tax problems aren't just a worry that hang over people's heads from January through April every year. Many of them go far beyond the...
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T&V Blogger
- Oct 11, 2019
- 4 min
Crowdfunding Can Have Unexpected Consequences
Raising money through Internet crowdfunding sites prompts questions about the taxability of the money raised. A number of sites host money-r
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T&V Blogger
- Oct 11, 2019
- 4 min
Is It Better to Have a Tax Credit or a Deduction?
People often say that an expense is “a tax write-off”; most everyone interprets this to mean that the expense will have a tax benefit. Gener
8 views0 comments
T&V Blogger
- Oct 4, 2019
- 5 min
70-1/2 or Older? Avoid an IRS Penalty by Taking the Correct Retirement Plan Distribution
If you are age 70-1/2 or older and have a traditional IRA, a 401(k), or a SEP IRA, the tax law requires you to take at least a minimum
35 views0 comments
T&V Blogger
- Oct 4, 2019
- 6 min
Are You Subject to Self-Employment Tax?
Self-employed individuals, unlike employees, don’t have someone withholding Social Security or Medicare (FICA) taxes along with pre-payments
13 views0 comments
T&V Blogger
- Sep 27, 2019
- 7 min
Child Daycare and Taxes
Article Highlights: Daycare Providers Simplified Food Deduction Special Rules for Business Use of the Provider’s Home Home Sale...
21 views0 comments
T&V Blogger
- Sep 27, 2019
- 3 min
Smart Money Moves to Make Once You Turn 50
Congratulations, you made it to half a century! Your fifties can be a tumultuous time: Not having to work anymore sounds like a dream,...
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