{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5cd2d68043b416d4617f91c9/5efb9cd1231d5544cb5eb669?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"In Legal Terms: Midyear Pandemic Taxes","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5cd2d68043b416d4617f91c9/1593548499997-0c63a8ec757440899be609f3d5e7c48b.jpeg?height=200","description":"<p>Calls:</p><ul><li>home sales</li><li>PERS taxable?  <a href=\"http://moneytalks.mpbonline.org/episodes/money-talks-pers\" rel=\"noopener noreferrer\" target=\"_blank\">http://moneytalks.mpbonline.org/episodes/money-talks-pers</a></li><li>rolling over an IRA to a Roth IRA</li><li>early withdraw from IRA due to COVID-19</li><li>military taxes  <a href=\"https://www.irs.gov/individuals/military\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.irs.gov/individuals/military</a></li><li>filing taxes when you don't owe</li></ul><p><br></p><p><a href=\"https://www.cbh.com/guide/alerts/cares-act-what-you-need-to-know/\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.cbh.com/guide/alerts/cares-act-what-you-need-to-know/</a></p><p><strong>CARES Act: Highlights of the Tax Provisions</strong></p><p><br></p><p><strong>Provisions Applicable To Individuals</strong></p><p>Early withdrawals from retirement plans and participant loans</p><p>Waiver of required minimum distributions</p><p>Recovery Rebates</p><p>Charitable Contribution Changes</p><p>Modification of limitation on losses for individuals</p><p><br></p><p><br></p><p><strong>Provisions Applicable To Businesses</strong></p><p>Employee Retention Credit</p><p>Deferral of Employer payroll taxes</p><p>Changes to Mandated Paid Leave</p><p>Employer Payment of Employee Student Loans</p><p>Changes to NOLS</p><p>Changes to AMT Credit refunds</p><p>Changes to limitations on deductibility of business interest expense</p><p>Changes to depreciation for qualified improvement property</p><p>Tax Aspects of Government Provided Relief Loans</p><p><br></p><p><br></p><p><strong>Provisions Applicable To Individuals</strong></p><p>Additional Retirement Plan Distributions Available</p><p>Recovery Rebates for Individuals</p><p>Allowance for partial above-the-line deduction for charitable contributions</p><p>Modification of limitations on charitable contributions during 2020</p><p>Modification of limitation on losses for taxpayers other than corporations</p><p><br></p><p><br></p><p><strong>Provisions Applicable To Businesses</strong></p><p>Employee Retention Credit</p><p>Deferral of Employer payroll taxes</p><p>Changes to Mandated Paid Leave</p><p>Employer Payment of Employee Student Loans</p><p>Changes to NOLS</p><p>Changes to AMT Credit refunds</p><p>Changes to limitations on deductibility of business interest expense</p><p>Changes to depreciation for qualified improvement property</p><p>Tax Aspects of Government Provided Relief Loans</p><p><br></p><p><br></p>","author_name":"MPB Think Radio"}