Author: MF

How much is clarity worth?   A lot, a whole lot.   And how much is making things easier worth? Of course, it’s a lot, a whole lot, too.   We now have both the new (a) clarity and (b) easy road to Paycheck Protection Program (PPP) loan forgiveness for the...

  Due to the COVID-19 pandemic, Congress made changes to the tax law related to retirement account distributions. The changes open up new, time-limited ways for you to save tax dollars.   Congress waived all 2020 RMDs. But if you took your RMD before Congress made this change,...

When you are self-employed with no employees, the payroll protection program (PPP) program is a COVID-19 gift designed to help you get through this pandemic.   If you now have your PPP funds, we identified nine insights for you.   Do I Have to Spend the Paycheck...

Due to the COVID-19 pandemic, Congress made changes to the tax law related to retirement account distributions. The changes open up new, time-limited ways for you to save tax dollars.   Congress waived all 2020 RMDs. But if you took your RMD before Congress made this change,...

When you are self-employed with no employees, the payroll protection program (PPP) program is a COVID-19 gift designed to help you get through this pandemic.   If you now have your PPP funds, we identified nine insights for you.   Do I Have to Spend the Paycheck...

  If you are in business for yourself—say, as a corporation or self-employed—payroll taxes and self-employment taxes are likely two of your biggest tax burdens.   Here’s some possible good news: Congress decided to give you significant relief from these taxes due to the COVID-19 pandemic. We’ll tell...