by Sarah Boehle Pool | Jun 24, 2020 | Latest News
A nonworking spouse can still have an IRA It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work outside the home — perhaps so that spouse can take care of children or elderly parents. In general, an IRA...
by Sarah Boehle Pool | Jun 22, 2020 | Latest News
Rioting damage at your business? You may be able to claim casualty loss deductions The recent riots around the country have resulted in many storefronts, office buildings and business properties being destroyed. In the case of stores or other businesses with...
by Sarah Boehle Pool | Jun 18, 2020 | Latest News
PPP Flexibility Act eases rules for borrowers coping with COVID-19 As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling from the economic impact of the COVID-19 pandemic....
by Sarah Boehle Pool | Jun 10, 2020 | Latest News
Student loan interest: Can you deduct it on your tax return? The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit. The Coronavirus Aid, Relief and Economic Security (CARES) Act contains some...
by Sarah Boehle Pool | Jun 8, 2020 | Latest News
IRS releases 2021 amounts for Health Savings Accounts The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA basics An HSA is a trust created or organized exclusively for the purpose of paying the “qualified medical...
