Insights

CARES Act Extension Signed Into Law

CARES Act Extension Signed Into Law

The Westerville Area Chamber of Commerce recently shared a few highlights about the CARES Act Extension that we ...
Temporary Special Rules for Health & Dependent Care Flexible Spending Arrangements

Temporary Special Rules for Health & Dependent Care Flexible Spending Arrangements

The CARES Act extensions and pandemic provisions bill allows taxpayers to roll over unused amounts in their health ...
IRS Releases 2021 Standard Mileage Rates

IRS Releases 2021 Standard Mileage Rates

The Internal Revenue Service today issued the 2021 optional standard mileage rates used to calculate the ...
A New, Necessary Tax Document:  IRS Notice 1444 – Your Economic Impact Payment Statement

A New, Necessary Tax Document: IRS Notice 1444 – Your Economic Impact Payment Statement

As we quickly approach the beginning of the 2020 tax season, we wanted to make our clients aware that this year we ...
IRS Offers Security Warnings & Scam Alerts

IRS Offers Security Warnings & Scam Alerts

The IRS wants taxpayers to know of a scam involving texts & Economic Income Payments: People get a text ...
Grant Relief Funds Available to Assist Local Businesses

Grant Relief Funds Available to Assist Local Businesses

The Westerville Area Chamber of Commerce shared this information with us, and we wanted to share it with ...
CARES Act Eases Rules for IRA and 401(k) Withdrawals

CARES Act Eases Rules for IRA and 401(k) Withdrawals

Michelle Singletary from the Washington Post reminds readers that withdrawing money from IRAs and 401(k)s under ...
Thinking About Forming a New Charity?

Thinking About Forming a New Charity?

We see a lot of interest in forming nonprofit organizations around our clients’ interests and favorite causes. ...
529 Distributions & College Refunds

529 Distributions & College Refunds

Important to remember as we try to get our college students back to school:  Distributions from 529 plans must be ...
Small Business Owners in Columbus & Franklin County:  There is Still Time to Apply for COVID-19 Recovery Grants!

Small Business Owners in Columbus & Franklin County: There is Still Time to Apply for COVID-19 Recovery Grants!

More than half of the $10.5 million of the COVID-19 Small Business Response and Recovery Fund is still available ...
Updates on the PPP Forgiveness Process

Updates on the PPP Forgiveness Process

Banks are beginning to offer portals for businesses to begin the PPP forgiveness process. We strongly encourage ...
Reminder: Social Security Benefits May Be Taxable

Reminder: Social Security Benefits May Be Taxable

Up to 50% or more of a taxpayer’s Social Security benefits may be taxable, depending on annual income. If you’d ...
No results found.