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Updated: Tax Deadline for Individuals Extended to May 17, 2021

The Treasury Department and Internal Revenue Service announced on March 17th that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April…

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SBA to Begin Restaurant Revitalization Fund Rollout in Early April

The U.S. Small Business Administration (SBA) is targeting early April to launch a phased rollout of the $28.6 billion Restaurant Revitalization Fund (RRF). Eligible expenses are those incurred from February…

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IRS Reminds Taxpayers of Recent Changes to Retirement Plans

The Internal Revenue Service reminds taxpayers about the rules for required minimum distributions (RMDs) from retirement accounts. A retirement plan account owner must normally begin taking an RMD annually…

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