by Sarah Boehle Pool | May 18, 2020 | Latest News
The CARES Act liberalizes net operating losses The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous tax law. Here’s a look at how the rules for claiming certain tax losses have...
by Sarah Boehle Pool | May 14, 2020 | Latest News
Adjust your expectations of business interruption coverage A natural place to turn when disaster strikes is insurance. The very reason you pay premiums and deal with the paperwork is to have these risk management policies in place when necessary. But, when it comes to...
by Sarah Boehle Pool | May 13, 2020 | Latest News
IRA account value down? It might be a good time for a Roth conversion The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market downturn. But if you have a traditional IRA, this downturn may provide a...
by Sarah Boehle Pool | May 11, 2020 | Latest News
Hiring independent contractors? Make sure they’re properly classified As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should be careful that these workers are properly classified for...
by Sarah Boehle Pool | May 4, 2020 | Latest News
When inheriting money, be aware of “income in respect of a decedent” issues Once a relatively obscure concept, “income in respect of a decedent” (IRD) may create a surprising tax bill for those who inherit certain types of property, such as IRAs or other retirement...