One in 50 Calls Getting Through IRS Customer Service Line May 14, 2021 The National Taxpayer Advocate, Erin M. Collins, expressed concerns about the Internal Revenue Service 1040 toll-free hotline, citing data that Read More » Pros and Cons of FDIC-Insured Assets and Other Savings Vehicles April 14, 2021 Is it safest to have your assets in an FDIC-insured bank or to look at other savings vehicles as part Read More » 2021 Budgeting December 2, 2020 What a year 2020 has been. So many things happened, or are happening, that we have never had to plan Read More » 2020 YEAR-END TAX INFORMATION December 1, 2020 2020 has been an unusual year with the COVID crisis. In addition, there are many new developments that affect businesses. Read More » 2020 Year-End Tax Information Appendices November 30, 2020 Appendix I – Independent Contractors Treatment of workers as independent contractors has come under increasing scrutiny in recent years. In Read More » Updated IRS Guidance on PPP Loan Impact November 30, 2020 The IRS has issued new guidance on the deductions used to obtain forgiveness of PPP loans. Under this guidance, the Read More » Page1 Page2 Page3 Page4 Page5 Learn more about other WhippleWood resources.