by Steven J Weil, PhD, EA, LCAM | Feb 26, 2021 | Blog, Business Tax, Covid-19
PPP Changes Announced by New Administration Intended to Create Greater Access for Small Business In a Fact Sheet released by the White House 2/22/2021 the administration discloses that funding to small business has increased and that the administration will institute...
by Steven J Weil, PhD, EA, LCAM | Feb 23, 2021 | Blog, Business Tax, Investments, Personal Tax
𝐓𝐡𝐞 𝐈𝐑𝐒 𝐡𝐚𝐬 𝐦𝐨𝐯𝐞𝐝 𝐭𝐡𝐞 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 from Schedule 1 of the 2019 Form 1040 to the first page of the 2020 Form 1040 and Form 1040-SR. The question asks, “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial...
by Steven J Weil, PhD, EA, LCAM | Feb 2, 2021 | Blog, Covid-19, Personal Tax
The Economic Recovery Rebate Credit has caused many people to question their filing status. The amount of the credit as well as qualifying for the credit (payment) depends a lot on filing status and income. Dependents attending college have heard that they can get the...
