Business Topics, Covid 19, Tax, Tax Prep

2020 Corporate Tax Report, how Covid 19 has changed the technology landscape.

https://tax.thomsonreuters.com/en/corporation-solutions/c/state-of-corporate-tax-2020-report?cid=9023531&sfdccampaignid=7014O000001iobFQAQ&chl=psoc&utm_campaign=campaign-new&utm_medium=post-pro&utm_source=eloqua&utm_content=

Assistance Available, Business Topics, Covid 19, IRS - Tax Tips, Tax

Miss an EIP payment from the IRS in 2020? There may still be an opportunity to claim.

https://www.linkedin.com/posts/irs_irs-getready-taxes-activity-6739539122349727744-Xob3

Advertisement
Business Topics, Covid 19

Intuit Inc. – Intuit and Credit Karma Receive Clearance from Department of Justice for Acquisition of Credit Karma

https://investors.intuit.com/news/news-details/2020/Intuit-and-Credit-Karma-Receive-Clearance-from-Department-of-Justice-for-Acquisition-of-Credit-Karma/default.aspx

Business Topics

IRS Stimulus Debit Cards Being Cut Up, Mistakenly Reported As Scam

The IRS is sending out four-million stimulus payments in the form of Visa prepaid debit cards even though most people were expecting checks.

IRS Stimulus Debit Cards Being Cut Up, Mistakenly Reported As Scam
Business Topics

2020 – Do You Need to Borrow Funds from Your Retirement Account?

Individuals eligible to take coronavirus-related withdrawals from workplace retirement plans may also, until Sept. 22, 2020, be able to borrow as much as $100,000 from those retirement plans. https://go.usa.gov/xfUbu#IRS#COVIDreliefIRS

See The Following Links for More Information

IRS – #CovidRelief – Do You Need A Loan From Your Retirement Acct?

IRS – Notice 2020-50

Business Topics

United Way Assistance during Covid-19

Housing, food, utility, etc. assistance…

https://www.unitedway.org/recovery/covid19

Business Topics

FSA’S, & The Changes due to Covid

https://www.thepennyhoarder.com/save-money/fsa-pandemic/?aff_id=178&aff_sub3=MainFeed__save-money/fsa-pandemic/

Business Topics

Executive Orders – The $400 boost

What do the president’s executive orders mean to you? There’s a good article from The Penny Hoarder, link below

https://www.thepennyhoarder.com/make-money/career/executive-order-unemployment/

Assistance Available, Covid 19, KY - Kentucky Specific Info

TEAM KENTUCKY FUND – Application for Assistance

If you, or someone you know, are seriously affected by what’s happening with Covid 19, you can apply for assistance through the following link. For Further Information, See https://teamkyfund.ky.gov/Default.aspx

TEAMKY FUND APPLICATION

Who Is Overseeing the Team Kentucky Fund?

The Team Kentucky Fund is overseen by the Public Protection Cabinet. The program will be administered through a partnership with the Community Action Kentucky, Inc.

The Public Protection Cabinet (PPC) keeps Kentuckians safe in business, leisure and daily life. We ensure safe and fair operation of some of the most important institutions in the Commonwealth. From sporting events, to building and banking, our diverse agencies share a common goal—providing the best service to every citizen and business in the state.