The Single Most Important Tax Rule For 2020

As the end of the year approaches, more people will start looking at tax planning in order to pay as little as possible to Uncle Sam in early 2021. What are known as the wash sale rules could be the most important tax rules for investors in 2020. CLICK ON THE HEADLINE FOR MORE

Financial Lessons From The Pandemic

Diversifying your assets and maintaining a rainy-day fund are prudent steps for long-term investors. Here are some other important lessons to consider as the world’s economies gradually try to regain their bearings. CLICK ON THE HEADLINE FOR MORE

Taking A CARES Act Retirement Plan Withdrawal? Prepare For This Tax Surprise

Taking a CARES Act withdrawal might see like a solid move, especially if money is tight and your borrowing options are limited. But if you do decide to take money out of your retirement plan this year, you may wind up with a tax headache on your hands. CLICK ON THE HEADLINE FOR MORE

Noticed Extra Money In Your Paycheck? The Good And The Bad Of The Payroll Tax Cut

The Social Security payroll taxes usually taken out of paychecks was suspended from September 1 through the end of the year to help Americans financially struggling during the pandemic. But as with most things in life, there’s a catch. It’s essentially a loan. CLICK ON THE HEADLINE FOR MORE

What Will Filing Taxes Be Like In 2021 – How To Prepare

Each year, if necessary, the IRS releases drafts of tax forms, so professionals may comment. This advance notice gives insight on how tax-filing will look different in 2021 – when 2020 income taxes are filed – and what you can do to prepare. CLICK ON THE HEADLINE FOR MORE

Proposed Property Tax Bills For 2020 Are In The Mail. What To Do If You Were Impacted By COVID

Closely monitoring and analyzing the impact that the COVID-19 crisis has had on local real estate markets, the office of the Miami-Dade County Appraiser is encouraging property owners to review their TRIM Notice to confirm they are receiving the benefits they are entitled to. CLICK ON THE HEADLINE FOR MORE