In this video, Rob Auclair talks to tax expert Greg Porcaro of Otrando, Porcaro, and Associates to find out what you need to know about important 2020 tax changes and what we can look forward to in 2021.
Topics Discussed:
- Who qualifies for the tax deadline extension, why, and what you need to know?
- 2020 unemployment taxation changes
- CARES Act 401k distribution tax details
- PPP1 and PPP2 loan availability and updates
- American Rescue Act tax updates
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.