Tax
Resources for Small Businesses in Crisis
Many small businesses are reeling from the impact of the COVID-19 pandemic. Ross Buehler Falk & Company is here to help. We have gathered a list of helpful resources for small businesses to turn to during this unprecedented time. Federal Health Resources The President’s Coronavirus Guidelines for America – A short PDF with information about… View Article
Read MoreA How-To Guide for the New W-4
At the beginning of 2020, the Internal Revenue Service (IRS) released an updated version of Form W-4, the tax withholding form. Rather than using the allowances system, the new form calculates withholding based on information about a taxpayer’s current financial situation. A recent article for Business Insider offers guidance on when and how to complete… View Article
Read MoreCongress Adds More Uses for College Savings Plans (Sec 529 Plans)
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including extending certain tax provisions that expired after 2017 or were about to expire, retirement and IRA plan modifications, and other changes that will impact a large portion of U.S. taxpayers as a… View Article
Read MoreThe Home Energy Saving Tax Credit Is Back
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number of retirement and IRA plan modifications, and other changes that will impact a large portion of… View Article
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