US President Donald Trump speaks as Defense Secretary James Mattis (L) looks on during a meeting with senior military leaders in the Cabinet Room of the White House on October 5, 2017. Mandel Ngan | AFP | Getty Images WASHINGTON — Former Secretary of Defense James Mattis ripped into his former boss President Donald Trump in a […]
IRS permits remote signatures for plan loan consents
To respond to the need for social distancing while permitting taxpayers to take distributions from their retirement plans permitted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, the IRS is temporarily permitting remote signatures from plan participants and beneficiaries and spouses. Section 2202(a) of the CARES Act permits certain individuals to […]
Dr. Anthony Fauci says there’s a chance coronavirus vaccine may not provide immunity for very long
Dr. Anthony Fauci (R), director of the National Institute of Allergy and Infectious Diseases, participates in the daily coronavirus task force briefing at the White House on April 22, 2020 in Washington, DC. Drew Angerer | Getty Images White House health advisor Dr. Anthony Fauci said he worries about the “durability” of a potential coronavirus […]
Trump considering a move to invoke Insurrection Act
U.S. President Donald Trump makes an announcement about U.S. trade relations with China and Hong Kong in the Rose Garden of the White House in Washington, May 29, 2020. Jonathan Ernst | Reuters President Donald Trump is considering invoking a 213-year-old federal law that would allow him to deploy active-duty U.S. troops to respond to […]
Trump reportedly held call with Mark Zuckerberg amid controversy over protest posts
U.S. President Donald Trump makes a statement to reporters about reopening churches across the United States during the coronavirus disease (COVID-19) pandemic in the Brady Press Briefing Room at the White House in Washington, May 22, 2020. Leah Millis | Reuters President Donald Trump held a call with Facebook CEO Mark Zuckerberg on Friday, amid […]
SpaceX launches two NASA astronauts to space for the first time in historic US mission
CAPE CANAVERAL, Fla. — SpaceX has begun a new chapter in the history of United States spaceflight. Elon Musk’s private space company on Saturday launched NASA astronauts Bob Behnken and Doug Hurley into orbit, successfully beginning SpaceX’s first crewed mission. The company’s Falcon 9 rocket and Crew Dragon spacecraft took off from NASA’s Kennedy Space […]
SpaceX launches two NASA astronauts to space for the first time in historic U.S. mission
An American flag is seen as SpaceX Falcon 9 rocket and Crew Dragon spacecraft carrying NASA astronauts Douglas Hurley and Robert Behnken lifts off during NASA’s SpaceX Demo-2 mission to the International Space Station from NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. Thom Baur | Reuters CAPE CANAVERAL, Fla. — […]
Podcast: How Medicare benefits have changed due to our public health emergency
Write-up Clients 65+ and those with certain medical conditions are at higher risk for contracting COVID-19. If they are affected by the virus, you can help them understand their increased Medicare benefits put in place by the Centers for Medicare and Medicaid Services. In this episode, learn from Jim Sullivan, CPA/PFS, as he answers questions […]
SpaceX prototype Starship rocket explodes after test in Texas
A SpaceX prototype Starship rocket explodes after a test on May 29, 2020. @LabPadre A fourth prototype of SpaceX’s next-generation Starship rocket exploded Friday after a test at the company’s development facility in Texas. The company was conducting a trial of the rocket’s engine, in a test on the ground known as a static fire. […]
E-filing of Form 1040-X coming this summer
News Procedure & Administration By Sally P. Schreiber, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} The IRS announced Thursday that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, “later this summer” (IR-2020-107). According to the IRS, making the Form 1040-X available for electronic filing has been […]