The year 2020 has been unlike any other year, and your 2020 taxes will not be an exception. We would like to highlight some of the changes that may impact your 2020 tax picture…

The Coronavirus Aid, Relief, and Economic Security Act (CARES) that was passed on March 27, 2020, included many tax provisions that will impact your taxes for 2020. Some of these provisions affect the rules for retirement accounts such as IRAs, 401(k)s, and 403(b)s from January through December 2020….

Stimulus Checks, Economic Impact Payments (EIPs) to Deceased Taxpayers, IRS Offices, Interest on Refunds, and IRS Payments….

Changes to Distributions of Inherited IRAs and 401(k)s and Distribute Estates and Trusts Before December 31….

The 2017 Tax Cuts and Jobs Act created the Opportunity Zone program which offers tax benefits by deferring capital gains from the sale of a business or personal property and investing these gains in qualified opportunity funds (QOFs)….