Goodbye, 2020, and hello 2021! Hormel Foods Corp. is helping culinary enthusiasts around the world welcome 2021 with an exciting round-up of food trends to expect in the new year. "It's no surprise that comfort food, sourdough bread, and whipped coffee had big moments this past year, as people hunkered [...]
As the holiday season winds down it may be time to address taxes even though it's not as exciting. To help the Internal Revenue Service encourages taxpayers to take necessary actions now to help file federal tax returns timely and accurately in 2021. These are some reminders to help taxpayers [...]
Learning has taken on a whole new direction in this age of COVID for students, teachers, and parents alike. During the fall 2020 semester, K-12 teachers asked their students 60% more questions during in-person instruction compared to remote instruction. It's a stark reminder of the challenges that the COVID-19 pandemic [...]
As the pandemic rages on safety and social distancing, along with virtual options, will be the emphasis now and for the upcoming tax season as the Internal Revenue Service seeks volunteers to provide free tax return preparation through its Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs. [...]
Will it be a good season for retail this holiday season? Unlikely. U.S. consumers report that they will spend 14 percent less on holiday gifts this year, cutting their budgets to $400 per person, down from $465 per person in 2019, according to a new survey of Americans by L.E.K. Consulting and Civis [...]
The Internal Revenue Service issued Notice 2020-86 PDF addressing certain provisions of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) affecting safe harbor plans, including safe harbor 401(k) plans and certain 403(b) plans. Safe Harbor Plan A safe harbor 401(k) plan is similar to a traditional 401(k) [...]
Traveling with a task-trained service dog will be safer and more accessible for passengers traveling with service dogs soon. According to a new report, there are some big changes for passengers flying with service and emotional support animals that will go into effect at the end of December after the [...]
The Internal Revenue Service is reminding employers they must file Form W-2 and other wage statements by Feb. 1, 2021, to avoid penalties and help the IRS prevent fraud. A 2015 law made it a permanent requirement that employers file copies of their Form W-2, Wage and Tax Statements, and Form W-3, [...]
In the age of COVID-19 taking sanitary precautions are on the minds of everyone including travelers. Recently, Vioguard, Inc. released a consumer survey report that indeed shows that the importance of increased sanitary protocols really matters to travelers during the 2020 holiday season. Survey Says The UV-C technology company conducted [...]
It may seem too early but the Internal Revenue Service is encouraging taxpayers to take necessary actions this fall to help file federal tax returns timely and accurately in 2021. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. [...]
