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June 2020 Newsletter

Tax Tips for Individual Taxpayers

Our Offices Are Open Full Time!

In accordance with Phase Two of reopening businesses in Virginia, which began June 12, 2020, both our Forum Office Park and Commonwealth Centre locations are now open M-F 9am-5pm EST. We encourage all clients to wear masks and take any other precautions you deem necessary. We also encourage our clients to consider using our Virtual Tax Pro service to get your taxes prepared on time, all from the comfort of your own home.

To learn more about Phase Two guidelines, you can visit the Virginia Department of Health website. To see our office locations, click here.

Top Questions About the Economic Impact Payments

Many people are still unclear about how the Economic Stimulus Payments passed by Congress will impact them. Are these payments considered taxable income? Can banks really seize the payments for negative account balances? Get these questions and more answered here!

The 3 Most Suitable Second Careers for Seniors Who Still Want to Work

Many retirees decide to continue working, whether for financial or personal reasons. While continuing in the same career is one option, some seniors are looking for more flexible opportunities that still allow them to enjoy retirement. With that in mind, here are three of the best options for seniors seeking second careers. Learn more

From Forbes: IRS Offers Guidance On Employer-Sponsored Leave Donation Programs During COVID-19

As the numbers of those affected by COVID-19 continue to climb, the Internal Revenue Service (IRS) is providing guidance for employers whose employees take advantage of leave donation programs because of the COVID-19 pandemic. Learn More.

From The Guardian: How Your Accounts Reflect Coronavirus Could Affect Your Business’s Health

While many small businesses are struggling to stay afloat as the pandemic continues its wave across the US, many others are facing a different dilemma: accounting for the virus. Read More.

2 Richmond Locations

West End

Corporate Office/The Forum Office Park

10120 W. Broad St., Suite C
Glen Allen, VA 23060

South of the River

Commonwealth Centre

4521 Commonwealth Centre Parkway
Midlothian, VA 23112

More information and Hours