UNEMPLOYMENT AND A STIMULUS CHECK

Unemployment and a stimulus check. The CARES Act became law on recently with several financial aid provisions for American households. Two signature pieces of the stimulus package are now arriving–stimulus checks and enhanced unemployment benefits. As the unemployment rate continues to increase these benefits are more valuable that ever. Stimulus checks. Most taxpayers are getting […]

FIVE TWO NINE COLLEGE SAVINGS PLANS POPULAR

Five two nine college savings plans popular. These are popular in so many ways with the public, and the size of these plans show it. The costs of college just keeps climbing, so it never too early to start planning for how you will pay for it. And if you think your highly gifted student […]

COURT RULES ON IRS PROGRAM

Court rules on IRS program. The Court of Appeals for the D.C. Circuit held in American Institute of Certified Public Accountants v. Internal Revenue Service that the AICPA had standing to challenge the IRS’s voluntary Annual Filing Season Program. However, the court held for the IRS on the merits, allowing the Service to continue the […]

TAX CUT TOUGH SELL

Tax cut tough sell. The White House an GOP congressional leaders expect much smoother sailing this fall when they seek to enact a tax cut, which is the centerpiece of their agenda–the first major reform of the federal tax code since 1986, including deep cuts in corporate and individual rates. But there is still the […]

GOP MAY KEEP TAX

GOP may keep tax. The break from dogma by a party that has long reviled health tax boosts–and most things achieved by Obama–underscores Senate Majority Leader Mitch McConnell’s feverish effort to yank one of his and President Donald Trump’s foremost priorities from the brink of defeat. The change, proposed by Sen. Bob Corker, R-Tenn., would […]