Washington Hotline – June 30, 2020
WASHINGTON NEWS Updated COVID-19 Rules on IRA Loans and Rollovers In IR–2020–124 and IR–2020–127, the Service announced new rules to assist IRA owners who are
WASHINGTON NEWS Updated COVID-19 Rules on IRA Loans and Rollovers In IR–2020–124 and IR–2020–127, the Service announced new rules to assist IRA owners who are
Weekly Market Wrap: Stocks dropped last week as a resurgence of Covid 19 cases added volatility to US markets despite some better than expected economic
Heirs, wills and trusts seemed like the furthest thing from most peoples’ minds until recently. When death statistics from Covid-19 started scrolling down TV screens,
WASHINGTON NEWS IRS Faces Challenges in Reopening Offices IRS Commissioner Chuck Rettig acknowledged the challenges that the IRS is experiencing in attempting to reopen offices
Weekly Market Wrap: Stocks gained for the 4th time in the last 5 weeks as the Fed announced new corporate bond purchases and the White
WASHINGTON NEWS IRS Warning on COVID-19 Scams In IR-2020-115, the Internal Revenue Service cautioned taxpayers to be on guard against tax fraud and other financial
Weekly Market Wrap: Stocks had a losing week for the first time in the last 4 weeks as Coronavirus concerns re-emerged with cases increasing in
WASHINGTON NEWS $267 Billion in Economic Impact Payments By June 3, 2020, the IRS had distributed 159 million Economic Impact Payments. The total value of
Weekly Market Wrap: Stocks rose for the third straight week as global manufacturing rose and the May jobs report added significantly more jobs than expected.
Plan A or Plan B? Know your current college aid options Besides bringing a bit of relief to American families and businesses; the CARES Act