Bradford Tax Institute April 2020 COVID-19: CARES Act Allows $100,000 Tax-Free IRA Grab and Repay   More Relief: Retirement Account Required Minimum Distribution Rules Suspended for 2020   The $2 trillion COVID-19 economic recovery bill finally made it through Congress and was signed into law by President Donald Trump on March 27.   The legislation … Continued

By Bola Sokunbi. Published on February 20, 2019. Updated on November 19, 2019 When it comes to financial and life goals, buying a house is probably pretty high on your list. But being able to purchase a home depends heavily on your finances being in good standing. That means you don’t want to have too … Continued

Dec 23, 2019, 09:20am Robert FarringtonSenior Contributor Personal Finance I write about personal finance, college and student loan debt. Ready to get your taxes squared away and get your hands on your refund (and maybe avoid getting a tax refund loan)? It’s possible you’ll make some progress early on, but you need to make sure you … Continued

Do you want to save up to $56,000 a year for retirement? Are you self-employed or a small business owner? Do your eyes light up when you hear words like “tax-free growth” or “tax-deductible?” If you’re looking for additional ways to save for your future, are a high-earner, and are already maxing out your traditional … Continued

BY JEAN MURRAY Updated July 11, 2019 Cash businesses (those that take in mostly cash, such as restaurants, flea market vendors, beauty salons, and many others) are more likely to be audited by the IRS and have a particular problem when audited because it is difficult to verify income received in cash. It’s called the … Continued

The Motley Fool We tell you everything you need to know to get started investing in stocks. Investing your money in the stock market can be intimidating, but it doesn’t have to be! The Motley Fool has been cutting through Wall Street jargon and giving people common-sense, actionable insights for over a quarter century. First, … Continued

By:Mary Lee @CompanionTax August 8, 2019 Separating Business and Personal Finances One of the most vital aspects of running a business is maintaining accurate records of your income and expenditures. This is the only way to get a good read on your business’ performance. For this reason, keeping your business finances separate from your personal … Continued

IRS Tax Reform Tax Tip 2019-100, July 29, 2019 Taxpayers who have deducted the business use of their car on past tax returns should review whether or not they can still claim this deduction. Some taxpayers can. Some cannot. Here’s a breakdown of which taxpayers can claim this deduction when they file their tax returns. … Continued