The Coronavirus Aid, Relief, and Economic Security (CARES) Act added an above-the-line tax deduction for 2020. Taxpayers who make a qualified charitable contribution and who do not itemize their deductions using Schedule A may be eligible for a deduction from the calculation of gross income.
In March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed. There are several components to the CARES Act that will impact many, if not all, Americans. This blog article focuses on how the CARES Act affects Required Minimum Distributions (RMDs).
Many of us have taken to the number of video conferencing applications available for work, education, and continuing a virtual social life. Here some tips to help secure your next video conference meeting.
Lack of time is one of the most commonly cited reasons for not exercising. The good news is that much of what we already do counts as physical activity, such as mowing the lawn or raking leaves. Additionally, benefiting from physical activity does not require a fancy gym membership or an uninterrupted 1-2 hours per day.
There is good news and bad news when it comes to boosting your immune system. The Bad News: There is no secret ingredient or superfood that is going to give you immune-boosting superpowers. The Good News: Supporting your immune system is rather simple – eat a well-balanced diet, exercise, get adequate sleep and reduce stress.
The benefits of physical activity are extensive, and more than enough reason to start, or continue, an exercise routine. The good news is that benefitting from physical activity doesn’t require a fancy gym membership or 1-2 uninterrupted hours every day. It’s easy to feel busy and find exercise at the bottom of your to-do list, but prioritizing your physical health alongside your financial health will pay dividends later in life.