Seniors over the age of 72 1/2 are not required to take a distribution from retirement accounts in 2020. If you've already received a distribution, you have until August 31 to roll those funds back into a retirement account to avoid paying taxes on the distribution.
https://www.journalofaccountancy.com/news/2020/jun/irs-rollover-relief-minimum-distributions-coronavirus-cares-act.html#.XxCpm1CTB8s.linkedin
JOURNALOFACCOUNTANCY.COM
Rollover relief for required minimum distributions
Governor Bullock Announces $123 Million Available in Emergency Grants
https://commerce.mt.gov/Coronavirus-Relief
COMMERCE.MT.GOV
Montana Coronavirus Relief
https://taxvid.resourcesforclients.com/E3dBtQwxrN6J
TAXVID.RESOURCESFORCLIENTS.COM
Christensen CPA: Client Videos
The Paycheck Protection Program has received additional funding, and self-employed people might be eligible.
https://www.entrepreneur.com/article/349684
ENTREPRENEUR.COM
How to Get Second-Round PPP Funds as a Sole Proprietor
WED, OCT 21 AT 8:15 AM MDT
Biz to Biz Helena 4 Networking Event & Membership Drive
Plan now to make your 4th quarter estimated tax payment.
TIPS.RESOURCESFORCLIENTS.COM
Reminder: Fourth Quarter Estimated Taxes Now Due - Now is the time to make your estimated tax payment
More stimulus payments are on the way! Also ready about the latest PPP loan update, find out how much you can contribute to your retirement fund in 2021.
NEWS.RESOURCESFORCLIENTS.COM
Client Update Newsletter: January 2021
There is a ton of new COVID-19 assistance, but only if you know about it. Here is a great place to start.
TAXVID.RESOURCESFORCLIENTS.COM
Christensen CPA: Client Videos
Here are the standard mileage rates for 2021.
TIPS.RESOURCESFORCLIENTS.COM
2021 Mileage Rates are Here! - New mileage rates announced by the IRS
New law extensions, new retirement account rules. The time to know about these changes is NOW! Here is what everyone should know.
TAXVID.RESOURCESFORCLIENTS.COM
Christensen CPA: Client Videos
Are you capturing all the tax benefits built into homeownership? Here are the most common.
TIPS.RESOURCESFORCLIENTS.COM
Your Home. A Bundle of Tax Benefits.
