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- IRS Extends COVID-19 Relief Leave Donations
- As part of the emergency disaster declaration made by President Trump on March 13, 2020, it became possible for employees to donate their unused paid vacation time, sick leave, and personal time off to qualified charities that provided COVID-19 relief in 2020.
- 35 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
- The IRS had a backlog of more than 35 million tax returns at the end of tax season this year – and many of those people are awaiting tax refunds.
- The Many Benefits of 401(k) Profit-Sharing Plans
- 401(k) profit sharing plans are a great way to compensate employees in a tax-advantaged way. Here are the limitations on 401(k) profit sharing for 2021.
- Contemplating Refinancing Your Home Mortgage? Things You Should Consider
- With home mortgage rates at historic lows, it may be appropriate for you to consider refinancing your current mortgage. However, refinancing may not always be the greatest idea, even though mortgage rates are low, and even when your friends, relatives, and coworkers are bragging about the low interest rates they got with their refinance. This is because a number of issues must be considered when refinancing.
- Video tip: Extension of COVID-19 Relief Leave Donations
- The ability to donate your unused paid vacation time to COVID-19 charity organizations has been extended by the IRS through the end of 2021.
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