Gifts to Employees
Handing an employee $50 in cash or a $50 gift card is a nice gesture, but unfortunately, both are considered taxable income.
Damage Calculations
As 2020 winds down, it’s time to consider year-end planning. It’s an unusual year, with taxpayers experiencing losses due to the economic downturn and the possibility of higher income tax rates next year.
Gifts to Employees
The Internal Revenue Service (IRS) has shared promoted the Coronavirus Aid, Relief, and Economic Security (CARES) Act as a containing favorable tax treatment for eligible individuals for withdrawals from retirement plans and IRAs for eligible individuals.
Secure Act
Here is a look at some of the more important elements of the SECURE Act that have an impact on individuals.

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