The ins and outs of Series EE savings bond taxation

Many people own Series E and Series EE bonds that were bought many years ago. They may rarely look at them or think about them except on occasional trips to a file cabinet or safe deposit box. One of the main reasons for buying U.S. savings bonds (such as Series EE bonds) is the fact […]

Leave-Based donations

Are you an employer interested in allowing a leave-based donation plan to benefit “victims of the further invasion of Ukraine”? As described in IRS Notice 2022-28, employees who participate in such a plan can receive favorable tax treatment. That is, payments made as part of an employer leave-based donation program before Jan. 1, 2023, won’t […]