Summary: <p>Calls:</p><ul> <li>home sales</li> <li>PERS taxable? <a href="http://moneytalks.mpbonline.org/episodes/money-talks-pers" rel="noopener noreferrer" target="_blank">http://moneytalks.mpbonline.org/episodes/money-talks-pers</a> </li> <li>rolling over an IRA to a Roth IRA</li> <li>early withdraw from IRA due to COVID-19</li> <li>military taxes <a href="https://www.irs.gov/individuals/military" rel="noopener noreferrer" target="_blank">https://www.irs.gov/individuals/military</a> </li> <li>filing taxes when you don't owe</li> </ul><p><br></p><p><a href="https://www.cbh.com/guide/alerts/cares-act-what-you-need-to-know/" rel="noopener noreferrer" target="_blank">https://www.cbh.com/guide/alerts/cares-act-what-you-need-to-know/</a></p><p><strong>CARES Act: Highlights of the Tax Provisions</strong></p><br><p><strong>Provisions Applicable To Individuals</strong></p><p>Early withdrawals from retirement plans and participant loans</p><p>Waiver of required minimum distributions</p><p>Recovery Rebates</p><p>Charitable Contribution Changes</p><p>Modification of limitation on losses for individuals</p><br><p><br></p><p><strong>Provisions Applicable To Businesses</strong></p><p>Employee Retention Credit</p><p>Deferral of Employer payroll taxes</p><p>Changes to Mandated Paid Leave</p><p>Employer Payment of Employee Student Loans</p><p>Changes to NOLS</p><p>Changes to AMT Credit refunds</p><p>Changes to limitations on deductibility of business interest expense</p><p>Changes to depreciation for qualified improvement property</p><p>Tax Aspects of Government Provided Relief Loans</p><br><p><br></p><p><strong>Provisions Applicable To Individuals</strong></p><p>Additional Retirement Plan Distributions Available</p><p>Recovery Rebates for Individuals</p><p>Allowance for partial above-the-line deduction for charitable contributions</p><p>Modification of limitations on charitable contributions during 2020</p><p>Modification of limitation on losses for taxpayers other than corporations</p><br><p><br></p><p><strong>Provisions Applicable To Businesses</strong></p><p>Employee Retention Credit</p><p>Deferral of Employer payroll taxes</p><p>Changes to Mandated Paid Leave</p><p>Employer Payment of Employee Student Loans</p><p>Changes to NOLS</p><p>Changes to AMT Credit refunds</p><p>Changes to limitations on deductibility of business interest expense</p><p>Changes to depreciation for qualified improvement property</p><p>Tax Aspects of Government Provided Relief Loans</p><br><p><br></p><br><hr><p style="color:grey;font-size:0.75em;"> Hosted on Acast. See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for more information.</p>
