Tax School Blog

Welcome to the U of I Tax School blog – where you’ll find current, relevant, and actionable information for your practice (and have some fun doing it).

The U of I Tax School blog is written by tax professionals for tax professionals.

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RMD Rollover Extended to August 31, 2020

RMD Rollover Extended to August 31, 2020 Get Back, Get Back, Get Back to Where You Once Belonged…Get Back IRA… IRS announces any individuals who took required minimum distributions (RMDs)…

Two Weeks To Go Before July 15 Deadline!

Two Weeks until July 15 Deadline As we flip the calendar onto another month, you might just find yourself realizing the July 15 deadline is only 15 days away! Remember…

The Top 7 Estate Planning Objectives

The Top 7 Estate Planning Objectives We are excited to have a guest blogger for this week. Jeff Miller is a wonderful member of our private Facebook group and is…

Taxpayers with Foreign Income and Assets

Taxpayers with Foreign Income and Assets We are pleased to have a guest blogger for this week. Artur Arciuch is a very active and helpful member of our private Facebook…

Paycheck Protection Program Flexibility Act (PPPFA) of 2020

Paycheck Protection Program Flexibility Act of 2020 Why the Mixed Up Confusion? Well, More PPP Guidance: Enter the Paycheck Protection Program Flexibility Act (PPPFA) of 2020 (HR 7010) [Want to…

PPP Loan: Questions Answered (Part II)

PPP Loan: Questions Answered (Part II) In the second installment of of the blog series answering your questions on the paycheck protection program (PPP), Tom looks at a correction on…