ERC Refund in 2026: One Great Way to Handle It
If your business receives an Employee Retention Credit (ERC) refund in 2026 for wages paid in 2020 or 2021, you may have an important tax planning opportunity. Many businesses filed ERC claims years after they filed their original income tax returns. Because the IRS took so long to process many claims, some refunds are only […]
HSAs After Death: What You Need to Know
Health Savings Accounts (HSAs) are a great way to save money. Unlike any other tax-advantaged account, they provide a triple tax benefit: Contributions are tax-deductible. Monies inside the HSA grow tax-free Withdrawals are tax-free if used for medical expenses. Withdrawals after age 65, if not used for medical expenses, are subject to regular income taxes. […]