Coronavirus update

Update: COVID-19-Related Relief

December 23rd, 2020|Categories: Accounting, Burns Firm, Business, Coronavirus, Covid-19, Tax|Tags: Coronavirus update, Covid-10, Covid-19 stimulus payment for 2021, December 21 stimulus passed by Congress, new stimulus package passed December 2020, new stimulus payment to come, stimulus update, tax, The Burns Firm, Update on covid-19 relief|

On December 21, Congress passed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as other tax and health-related provisions. White House aides had indicated that President [...]

Why You Should Keep Life Insurance Out of Your Estate

April 7th, 2020|Categories: Accounting, Burns Firm, Tax, Tax Planning, Tax Return|Tags: Coronavirus CARES Act, coronavirus tax relief, Coronavirus update, Covid-19, CPA Dallas The Burns Firm, keep life insurance out of estate, life insurance and tax planning, life insurance and taxes, Tax planning, tax preparation|

If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death won’t be included in your [...]