As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to be concerned with federal estate tax. Before 2011, a much smaller amount resulted in estate plans attempting to avoid it.…
KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, recently announced it has launched a new course, "Social Media: Staying Secure in a Connected World" in support of National Cyber Security Awareness Month in October.…
On September 11, the U.S. Department of Labor issued revisions that impact the paid sick leave and expanded leave provisions under The Families First Coronavirus Response Act (FFCRA or Act). These revisions are intended to help to clarify employers’ responsibilities and…
In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and clerical expenses. Are they tax deductible? Under the Tax Cut and Jobs Act, these expenses aren’t deductible through 2025 if they’re considered…
If you’ve answered your phone only to hear an automated voice simulation that attempts to sound like a real person or if you’ve noticed fake Caller ID profiles (Caller spoofing), you may have been the target of a vishing scam.…
COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common situations. 1. Working from home. Many employees have been told not to come into their workplaces due…
Staying ahead of fraudsters and internet hackers is a constant challenge for most of us. The good news is that you can proactively protect your online accounts. We encourage you to plant your virtual flag before identity thieves do it…
September is designated as National Preparedness Month, a reminder from the Cybersecurity and Infrastructure Security Agency (CISA) to set aside time to assess cybersecurity preparedness to help keep you safe from cyber-related events like identify theft, ransomware infection, data breaches…
Scammers are once again taking advantage of a bad situation and have hatched up several new schemes during the coronavirus pandemic. Recently a group of online thieves collected millions of dollars in unemployment insurance benefits from COVID-19 economic relief efforts.…
Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule. In any event, parents may be eligible for certain tax breaks to help defray the cost of education. Here is…