News & Perspective

Hiding money from IRS ? The Internal Revenue Service is getting better at finding secret stashes of overseas cash from people hiding money and tax evaders are receiving harsher penalties than ever, including prison. True tax evaders have for years... Read More

Summer tax scam alert. The IRS has issued a warning for summer tax scams, even though the tax filing season is just starting for most citizens and business owners. Being cautious and alert regarding new summer tax scams, and being prepared ahead o... Read More

Treasury might alter tax date. Will he or won't he ? That's the question on the minds of taxpayers and tax professionals alike as Treasury Secretary Steven Mnuchin continues to mull extending the tax filing deadline for 2020. As it currently stand... Read More

Hospitals paid CEOS millions from bailout. HCA Healthcare is one of the world's wealthiest hospital chains. It earned more than $7 billion in profits over the past two years. It is worth $36 billion. It paid its chief executive $26 million in 2019... Read More

What to do with your 401(k). Most people lately have had a hard time figuring out what to do with their 401(k). Variations in the price of stocks, due to the Coronavirus outbreak, plus for a while the stock market picture wasn't exactly pretty, fo... Read More

Scammers targeting unemployment claims. Across the country, consumers are being warned that fraud is on the rise relating to jobless claims. The U.S. Secret Service has spotted trouble in Florida, Washington, North Carolina, Massachusetts, Rhode I... Read More

Small hospitals bilked part two. Representatives of the American Hospital Association, a lobbying group for the country's largest hospitals, communicated with Alex M. Azar, the department secretary, and Eric Hargan, the deputy secretary overseeing... Read More

Billions in tax breaks for slump. New tax breaks expected to total about $650 billion are starting to flow to U.S. businesses, giving a quick cash infusion and longer term help to ride out the coronavirus induced economic downturn. Companies repor... Read More

Tax ramifications of lease modifications.  You need a haircut, badly, but you were momentarily thinking that there might be silver lining to the lockdown. With the salons shut, your teenage daughter can't spend hundreds of dollars getting her... Read More

Virus act freezes student loan payments. One of the less discussed benefits in the CARES Act is assistance for those with federal student loans. But unlike other programs in the stimulus legislation, no application is required. The law doesn't can... Read More