IRS Says Face Masks, Hand Sanitizers Are Tax Deductible
By Melanie WaddellIndividuals can deduct items purchased to prevent COVID-19 spread as long as their total medical expenses exceed 7.5% of income, the IRS says.
March 25, 2021
Why Ark's Cathie Wood Harvests Tax Losses Year Round, and You Should, TooA savvy advisor understands how to keep an eye on lowering a client's tax bill, Vestmark's Rob Klapprodt tells ThinkAdvisor.
March 25, 2021
Short-Term Health and Agents Star at House ACA HearingAn insurance regulator said 80% of his state's ACA exchange enrollees come in through agents.
March 25, 2021
Senate Passes PPP Loan Application Extension BillThe PPP loan application deadline will be extended from March 31 to May 31 when Biden signs the bill.
March 25, 2021
TD Ameritrade's Retirement Plan Unit Being Merged Into Schwab'sStarting April 1, any new RIA retirement plan business will be directed to the Schwab Retirement Network for Advisors.
March 25, 2021
Merrill Guided Investing Slashes Minimum by 80%The cut brings Merrill Guided Investing in line with other digital advisors, including Goldman's Marcus Invest.
March 25, 2021
Fidelity Files for Bitcoin ETFThe asset management giant joins a growing list of firms hoping to launch a Bitcoin ETF.
March 25, 2021
SEC Warns Advisors on Ad Rule ComplianceUntil firms transition to the amended marketing rule, advisors "need to remain compliant with the previous advertising and cash solicitation rules," said attorney Lundy.