Deferring payroll taxes; another way to track EIPs; managing needy clients; and other highlights from our favorite tax bloggers. Daring adventures TaxMama (http://taxmama.com): The IRS is still putting out Tax Tips daily. Only problem is, they seem to be recycling old news and not updating it for COVID practices. Here’s some great news, though: The
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Americans love their cars, but many hate the process of buying them. The trip to the dealership can often be one that fills car buyers with dread, as they imagine the sometimes hours-long process of negotiating a purchase with professional salespeople.  Of course, with sales at or near record levels in recent years, any angst
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Getty Images Thousands of 401(k) plan savers pulled money from their nest egg during the coronavirus pandemic. This amounts to stealing from their future selves,  some financial planners say. Drawing down retirement savings early leaves less for one’s golden years, and leaves less runway for future investment growth. Some of this behavior was likely necessary
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Victims of Hurricane Laura have until Dec. 31, 2020, to file various individual and business tax returns and make tax payments. The IRS offers this relief to any area designated by the Federal Emergency Management Agency as qualifying for individual assistance. In Louisiana, this currently includes Allen, Beauregard, Calcasieu, Cameron, Jefferson Davis and Vernon Parishes,
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