Trump Signs PPP Application Extension Bill
On July 4, President Donald Trump signed into law a Paycheck
Protection Program (PPP) application extension bill that Congress
had quickly passed just before the Independence Day holiday.
Supreme Court Upholds ACA Contraceptive Rule
The U.S. Supreme Court upheld the Trump Administration’s rule under
the Affordable Care Act (P.L. 111-148) that any nongovernment,
nonpublicly traded employer can refuse to offer contraceptive c...
New Law Clarifies Partnership Audit Rules
Technical corrections to the partnership audit rules were included
in the bipartisan Consolidated Appropriations Act (CAA), 2018
( P.L. 115-141), which was signed by President Trump on March
FAQ: What are above-the-line deductions?
An above-the-line deduction is an adjustment to income (deduction)
that can be taken regardless of whether the individual taxpayer
itemizes deductions. The adjustment reduces the taxpayer's adjusted
How do I? Get the most from my inherited IRA?
Individual Retirement Accounts (IRAs) are popular retirement
savings vehicles that enable taxpayers to build their nest egg
slowly over the years and enjoy tax benefits as well. But what
happens to th...
FAQ: How does a 60-day loan from an IRA work?
Many taxpayers are looking for additional sources of cash during
these tough economic times. For many individuals, their Individual
Retirement Account (IRA) is one source of cash. You can withdraw
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