by Steven J Weil, PhD, EA, LCAM | Aug 29, 2020 | Blog, Business Tax, Payroll Preparation
08/29/2020 – Last night the IRS Issued Notice 2020-65 dealing with the employee social security tax deferral announced by the president on August 8, 2020, in a Memorandum to the Secretary of State. The Memorandum directed the Secretary of the Treasury to use his...
by Steven J Weil, PhD, EA, LCAM | Aug 18, 2020 | Blog, Business Tax, Covid-19
The CARES Act has the following provisions effecting the federal taxes on payroll and payroll tax withholding. These provisions deal with employer payments for student loan repayments, as well as changes in terms of permitted benefits under health savings accounts...
by Steven J Weil, PhD, EA, LCAM | Nov 26, 2019 | Blog, Business Tax, Personal Tax
We have been making a list and checking it twice, trying to separate the naughty tax changes for those that are nice. Join us for a tax update that will help you focus on the that changes that will allow you to reduce your tax bill this year. This free seminar will...
by Steven J Weil, PhD, EA, LCAM | Oct 21, 2019 | Business Tax, Personal Tax
In another case of failure to ask the consequences before taking action, we recently had to tell a client that gifting a rental property to their parents locked up the suspended passive activity losses they had on the property until the property is disposed of by...
