The new, massive stimulus bill enacted into law on December 27, 2020, contains eight new tax breaks designed to help the non-business taxpayer.
In California starting March 29, 2021, by Senate Bill 95, signed by Governor Newsom on March 19, 2021 (California Supplemental COVID-19-related Paid Sick Leave, ...
How do you multiply your net worth?
Let the government help
Here’s how: with both the SEP-IRA and the Solo 401(k) retirement plans, investing in your tax-favored retirement:
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) made many temporary changes in the tax law. The new Consolidated Appropriations Act (CAA) ...
Taxes impact each of us. Each of us differently. Tax is the polite term for paying for rendered services and tax authorities seek ways to extract the most from ...
Washington State is on the verge of joining Oregon, California, and 40 other states by implementing a Capital Gains Tax. Washington State Income Tax proposals have ...
Over the last couple of weeks, I’ve discussed and published some suggestions on how you might proceed when a financially comfortable loved one has passed away and what you might do to prepare toward preserving your Estate or your duties as an Executor.
If you become an executor of your loved one’s estate, you may have some important tax decisions to make. Here are some quick thoughts.
The now-deceased loved one may have been single or married and may have been a relative or not.
During these challenging times dealing with COVID-19 and the additional challenges economic and otherwise it brings, if a loved one passes away and you serve as the executor or inherit assets, you need to consider your duties and so some tax planning.
In an effort to stave off economic devastation caused by the COVID-19 pandemic, billions of dollars in grants are being handed out to individuals and businesses by the federal government. State and local governments are participating as well.
Is it “Tax-Free Money” or is it a “Loan”
Did you receive money from a lender under the existing Paycheck Protection Program (PPP)? If so, you may qualify for more tax-free money. But first, let’s clarify what’s happening. When you think of the PPP program, do you think “Tax-Free Money” or do you think “Loan”?
The new Paycheck Protection Program (PPP) law enacted with the recent stimulus package adds dollars to your pockets if you have or had PPP money. If you are going to apply for PPP money for the first time, the favorable rules in this article apply to your newfound tax-free money.
If you have children under the age of 18 and you file your business tax return as a proprietorship or partnership, you can find big savings in the work your ...
When you take advantage of the tax code’s offset game, your Stock Market Portfolio can represent a little gold mine of opportunities to reduce your 2020 income ...
It's the last week in November 2020 and it’s time to examine your existing Business and Personal (yes, Personal) Cars, SUVs, Trucks, and Vans for some profitable ...
All small-business owners with one to 49 employees should have a medical plan in their business. Sure, the tax law does not require you to have a plan, but you ...
Your Retirement Clock continues to tick; all of a sudden, your retirement is one year closer.
You have time before December 31, 2020, to take steps that will ...
As a Business Owner, U.S. Tax Deductions are always welcome. But remember, deductions aren’t static. Allowable U.S. Tax Deductions change over time, and some go ...
Here’s an easy question: Do you need more 2020 Tax Deductions? If yes, please read on.
Next easy question: Do you need a replacement Business Vehicle?
The purpose of this guidance (along with the near term future articles to be published in the next few days) is to assist our customers and friends pay less tax in ...
We can demonstrate there is water but if they are neither thirsty nor self-reliant then they will die of thirst while surrounded by abundant lakes, streams, rivers, ...
Currently, in Our Undulating World of Taxation, Now is the Time to Focus on the Ball and Be Nimble.
Hopefully, you’ve exercised your choice to vote by now ...
Turning Lemons into Lemonade
There is great uncertainty in our country today. Americans are worried about their health and their livelihood. Many businesses are ...
On August 20, former United States Vice President Joe Biden formally accepted the Democratic nomination for US President. However, questions about Biden’s tax ...
Morris + D’Angelo is collaborating with Portland, Oregon Law Firm Passage Immigration Law to provide the latest in Immigration Law News and Solutions
It has become increasingly difficult to ignore the increasing amount of media and press coverage of the growing cannabis (CBD) business opportunities in the market ...
The other day I read this headline from the New York Times; “U.K. Bans Advertisements Depicting Gender Stereotypes” and just like that, I became a victim of ...
Following an explosive 2017, many of the cryptocurrencies we are commonly familiar with reached their all-time peak values in January of 2018 before the market took ...
What does helping people in Guatemala have to do with accounting in Portland, Oregon? The answer is NOTHING!
So, why would my employer Morris + D’Angelo ...
Both digital currencies and cryptocurrencies have been around for several years (Bitcoin since 2009), but only in the past couple of years has the IRS begun to ...
The challenges family businesses have of providing effective tax and business advice to entrepreneurial and family-based enterprises
Family challenges are ...
In the modern business-world, anticipating the future requires an understanding of political nomenclature and chaos.
The world recently changed for many ...
Foreign interference of our elections reminds me of cigarette package warnings; expressly described and consciously ignored by its users and adopters.
I have ...
Seldom do our Customers hire us because of what we do or how we do it
At Morris+D'Angelo, We look for Customers that fit within our “Why”
At Morris + ...
Legislation on State Economic Nexus: What is subject to sales and use tax
U.S. Supreme Court Decision: South Dakota vs. Wayfair
Big changes are on the ...
With the anticipation of rising interest rates, sky-rocketing oil prices, volatile markets, and political forces impacting the real estate markets, the frenzy to ...