by Steven J Weil, PhD, EA, LCAM | Sep 10, 2020 | Blog, Personal Tax
๐๐ถ๐ฑ ๐๐ผ๐ ๐ธ๐ป๐ผ๐ ๐๐ต๐ฎ๐ ๐๐ผ๐ ๐ฑ๐ผ๐ปโ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐ฏ๐ฒ ๐ฎ ๐น๐ฒ๐ด๐ฎ๐น ๐ฟ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐จ.๐ฆ. ๐๐ผ ๐ฏ๐ฒ ๐ฎ ๐๐ฎ๐
๐ฟ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐ต๐ฎ๐๐ฒ ๐ฎ๐ป ๐ผ๐ฏ๐น๐ถ๐ด๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ ๐ณ๐ถ๐น๐ฒ ๐ฎ ๐จ.๐ฆ. ๐๐ฎ๐
๐ฟ๐ฒ๐๐๐ฟ๐ป? Non-U.S. citizens that live in the U.S. as residents are required to file U.S. income tax return and pay tax on their worldwide...
by Steven J Weil, PhD, EA, LCAM | Aug 27, 2020 | Blog, Business Tax, Personal Tax
The Commissioner of the Internal Revenue Service, Charles Rettig, testified before the Senate Finance Committee. His message was a clear one: He is an enforcement-minded commissioner and โthe IRS is committed to pursuing those who . . . intentionally evade their tax...
by Steven J Weil, PhD, EA, LCAM | Aug 10, 2020 | Business Tax, Covid-19, Personal Tax
President Uses Executive Orders Too Authorize Extending Unemployment Benefits and More President Trump signed four executive orders Saturday. These orders provide additional jobless benefits, suspend the collection of payroll taxes, avoid evictions and assist with...
by Steven J Weil, PhD, EA, LCAM | Aug 7, 2020 | Covid-19, Personal Tax
Having trouble making payments on a loan from a qualified employer pension or retirement plan? The CARES Act may just have provided you with the perfect solution, allowing you to avoid losing the tax deferral and being subject to the early withdrawal penalty. The...
by Steven J Weil, PhD, EA, LCAM | May 6, 2020 | Blog, Business Tax, Covid-19, Personal Tax
The CARES Act extends the traditional ability of employers to exclude payments on behalf of an employee for educational expenses of up to $5,250 per year to include the repayment of employee student loans. In both cases, payments are deductible to the employer while...
by Steven J Weil, PhD, EA, LCAM | May 6, 2020 | Blog, Business Tax, Covid-19, Personal Tax
One of the questions we are getting the most right now is regarding what those who have been forced by their business or company to work at home can deduct. The truth is if you are an employee working from home as the tax law currently stands, deductions for employee...
