How long do you need to keep tax records?

How long do you need to keep tax records?

Depending on the document, it could be 3, 6 or 7 years — or longer From AARP — By Cameron Huddleston —  After you file your tax return, you may be wondering how long you need to hold on to your tax records. You might be tempted to shred everything and toss the debris...
Treasury narrows BOI reporting requirement to foreign companies

Treasury narrows BOI reporting requirement to foreign companies

From Accounting Today — By Michael Cohn — The Treasury Department formally published an interim final rule Wednesday, March 26, limiting the scope of the Corporate Transparency Act’s beneficial ownership reporting requirement to foreign companies. The Treasury...
Trump says Ed Department will no longer handle ‘Special Needs’

Trump says Ed Department will no longer handle ‘Special Needs’

From Disability Scoop — By Michelle Diament — President Donald Trump said he will move special education oversight to the U.S. Department of Health and Human Services, but the plan is short on specifics and it’s unclear whether he has the authority to do so. Trump...
Medicare telehealth coverage ending soon? Here’s what we know

Medicare telehealth coverage ending soon? Here’s what we know

Without action from Congress, Medicare’s telehealth coverage will see a sharp decline soon. — From CNET — By Thomas Kika — Medicare members could potentially lose their telehealth benefits next month, with temporary COVID-19 era expansions set to expire without...