The IRS has provided relief for taxpayers who were working abroad and returned to the U.S. because of the COVID-19 pandemic before meeting the foreign residency requirements that would qualify them to exclude or deduct all or a portion of the…
https://10keysolutions.com/wp-content/uploads/2017/09/School.jpg276851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-05-07 17:44:072020-05-21 17:46:14Forced to Return to U.S. From a Foreign Job? IRS Has Provided Time Waivers for Exclusion
You may be one of the many taxpayers eligible for a refund from their 2018 tax return. Last December, tacked on to an Appropriations Act, Congress passed the long-awaited extenders bill. This bill had been lingering in Congress for about 2 years…
https://10keysolutions.com/wp-content/uploads/2020/04/Money.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-05-01 17:40:372020-05-21 17:42:14Are You Eligible For a 2018 Tax Refund?
The tax code offers two types of IRAs; one is referred to as the traditional individual retirement account (IRA), so named because it was the first type of IRA available, having been created by Congress back in the 1970s. The second type is…
https://10keysolutions.com/wp-content/uploads/2018/03/Seniors.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-29 20:34:262020-04-29 20:34:26What’s Best for You - Traditional or Roth IRA?
President Trump has signed the Paycheck Protection Program and Health Care Enhancement Act (PPP & HCE Act), a $484 billion package which was passed by both the Senate and the House the week of April 20, 2020.
PPP & The CARES Act
Following…
https://10keysolutions.com/wp-content/uploads/2020/04/Money.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-27 20:28:532020-04-29 20:30:18Paycheck Protection Program and Health Care Enhancement Act: What’s In It?
The CARES Act includes Pandemic Unemployment Assistance (PUA) provisions that extend and supplement state-provided unemployment insurance and are intended to lessen the financial burdens on individuals who have lost their jobs because of the…
https://10keysolutions.com/wp-content/uploads/2020/04/SU-Design-1588192030.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-24 20:24:092020-04-29 20:27:58Unemployed by COVID-19? Special Benefits May Apply to You.
As Americans and global citizens, we are living in unprecedented times with the onset of coronavirus (COVID-19) around the world. As we work together to move through these difficult times together, the IRS has provided some tax relief provisions…
https://10keysolutions.com/wp-content/uploads/2018/11/Family.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-23 20:21:512020-04-29 20:23:44Coronavirus-Related Tax Relief for U.S. Families and Individuals
As part of the CARES Act, the requirement for older taxpayers to take required minimum distributions (RMDs) from their retirement plans has been waived for 2020. This is primarily due to the drop in value for most investments as a result of…
https://10keysolutions.com/wp-content/uploads/2019/03/Retirement.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-22 20:19:152020-04-29 20:21:42Did You Take Your 2020 RMD Too Soon?
If you receive Social Security Retirement or Railroad Retirement benefits and are not required to file a tax return and have one or more dependents under the age of 17, you need to take action no later than 12 noon EST on Wednesday, April 22…
https://10keysolutions.com/wp-content/uploads/2019/06/Finance.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-21 14:48:412020-04-21 14:48:41Retirees that Don’t File a Tax Return and Have Dependent Children May Need to Take Action Before Noon April 22
For years, experts have been saying that everyone - including average citizens - needs to have some type of emergency fund in place to help them get through any "rainy days" that may lie ahead. The advice usually varies depending on the source,…
https://10keysolutions.com/wp-content/uploads/2020/04/Money.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-04-21 14:47:292020-04-21 14:47:29Creating an Emergency Fund to Help You Weather a Storm Like COVID-19
Forced to Return to U.S. From a Foreign Job? IRS Has Provided Time Waivers for Exclusion
Are You Eligible For a 2018 Tax Refund?
What’s Best for You - Traditional or Roth IRA?
Paycheck Protection Program and Health Care Enhancement Act: What’s In It?
Unemployed by COVID-19? Special Benefits May Apply to You.
Coronavirus-Related Tax Relief for U.S. Families and Individuals
Did You Take Your 2020 RMD Too Soon?
Retirees that Don’t File a Tax Return and Have Dependent Children May Need to Take Action Before Noon April 22
Creating an Emergency Fund to Help You Weather a Storm Like COVID-19