Fri.Feb 26, 2021

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Obtaining Substantiation for 2020 Donations

RogerRossmeisl

If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations. But what happens if you haven’t received such a letter — can you still claim a deduction for the gift on your 2020 income tax return? It depends. What is required To support a charitable deduction, you need to comply with IRS substantiation requirements.

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401(k) After Retirement or Changing Jobs 

CapataCPA

401(k) After Retirement or Changing Jobs If you plan to retire or change jobs soon, it’s very important to have a plan for your balance in your current employer’s 401(k) plan. You could keep your savings where it is, roll them over into and IRA, or transfer the balance over to your new employer’s 401(k). The post 401(k) After Retirement or Changing Jobs appeared first on CPA firm in Orange County, CA | CAPATA.

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Personal Connection – Flashback Friday

RitaKeller

“Communication – the human connection – if the key to personal and career success.” – Paul J. Meyer. If you want to enhance employee engagement, it is important to develop human connections. You can offer all kinds of employee benefits but don’t forget the importance of personal relationships. Accountants are not usually the out-going, people-oriented types.

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