An Extra 100 days of Medicare Coverage

Medicare Road Sign

Most of our clients who are elder-care providers are aware of the 100 days of skilled care (Nursing Home Coverage) that Medicare will provide. Due to the COVID crises, an extension of this timeline is available. Elder-Law Attorney Ira Leff describes this in detail on his website. The summary below is reprinted with permission from…

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Should you move to a state without income tax?

Keyboard with blue key

If you’re considering moving to a different state, taxes in the new state may be the deciding factor—especially if you expect them to be lower. Consider All Applicable State and Local Taxes If your objective is to move to a lower-tax state, it may seem like a no-brainer to move to one that has no…

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Facts about IRS and Forfeiture of Assets

IRS Logo

When you get two tax attorneys discussing how IRS can take your assets before you are even accused of a crime, it gets my attention. As our guest speaker attorney Kelly Phillips says, “Due process is a fundamental Constitutional right.” You may feel like you’re in a law school class, but the audio below is…

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Is your business safe from Covid lawsuits?

scales of justice and a gavel

Our friends at the law firm of Berman, Fink Van Horn PC just published an excellent article on protecting your business from Covid lawsuits. Although written with healthcare providers in mind, the legal guidelines and protective acts could apply to any business. Attorney Kenneth Winkler offers the following summary of the new Georgia law: Under…

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Rioting damage to your business

Broken Window

    I recently spoke to a client in North Atlanta whose business storefront suffered damage from the riots in the city.  Although a deductible casualty loss was the last thing on their mind, it might be helpful to cover this topic as it relates to damage to your business property. The recent riots in…

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Do you wish that people gave you more credit?

picture of tax credit words

Work Opportunity Tax Credit extended through 2020 If you’re a business owner, be aware that a recent tax law extended a credit for hiring individuals from one or more targeted groups. Employers can qualify for a valuable tax credit known as the Work Opportunity Tax Credit (WOTC). Generally, an employer is eligible for the credit…

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The most oft-asked question about stimulus checks

Stimulus check

Q: What if you had extra one-time income (an IRA withdraw for example) and exceeded the income limit to receive an advance stimulus payment? A: The law specifies that stimulus checks are based on a temporary, refundable tax credit for tax year 2020. If your income will be substantially less this year and you otherwise…

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