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Here are your articles for Tuesday, October 26, 2021
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SBA Quadruples Economic Injury Disaster Loan Cap to $2 Million

The SBA announced major modifications to the COVID-19 Economic Injury Disaster Loan program, including raising the loan cap and adding business debt payments to the list of ways businesses can use the loan proceeds.  Click through for more details.

Hurricane Ida Victims Get Tax Relief

The IRS has announced victims of Hurricane Ida in parts of New York and New Jersey now have until January 3, 2022, to file various individual and business tax returns and make certain tax payments.  Click through for more details.

SSA Updates Key Numbers for 2022

Each year, the Social Security Administration takes a fresh look at various numbers and usually makes changes. Click through for the recently announced 2022 changes, so you can make financial plans for the new year.

IRS Reminds Taxpayers of Limited-Time Donation Rules

Special rules allow limited charitable deductions even for taxpayers who don't itemize, and there are other donation changes for individuals and businesses. But these benefits run out soon! Click through to learn how to take advantage of them now.

The Eternal Question: Roth IRA or Traditional IRA?

Taxpayers are asking themselves: Is it better to prepay taxes using a Roth IRA or pay them after retirement using a traditional IRA? Click through for a brief analysis to help you answer that question.

7 Steps To Prepare for Retirement

It can be hard to know when you'll be ready for retirement. What is happening with your savings, retirement accounts and estate plans? Click through for a seven-point list to help you get set for your golden years.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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