tax return
Charitable Giving and Volunteer Tax Breaks Due to COVID-19
Submitted by Desmond Wealth Management, Inc. on July 24th, 2020The IRS Started Issuing Economic Impact Payments April 9th: When Will You Get Your Funds?
Submitted by Desmond Wealth Management, Inc. on April 14th, 2020With the impact of the COVID-19 crisis affecting people all over the country, the Internal Revenue Service and the Treasury Department have said that the monies promised to Americans will begin being distributed within the next three weeks, providing a lifeline to those whose financial lives have been upended by the pandemic.
A CARES Act Overview
Submitted by Desmond Wealth Management, Inc. on April 12th, 2020With much of the country in self-isolation, perhaps you’ve got time to read the entire H.R. 748 Coronavirus Aid, Relief and Economic Security Act or CARES Act. If you’d prefer, here is a summary of many of the key provisions we’d be happy to discuss with you in person (virtually), depending on which ones apply to you. Questions?
What Does the $2 Trillion Stimulus Package Mean for You?
Submitted by Desmond Wealth Management, Inc. on March 29th, 2020Congress Adds More Uses for College Savings Plans (Sec 529 Plans)
Submitted by Desmond Wealth Management, Inc. on February 20th, 2020On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including extending certain tax provisions that expired after 2017 or were about to expire, retirement and IRA plan modifications and other changes that will impact a large portion of U.S. taxpayers as a whole.