Dear Valued Client,

In response to recent developments and acts signed into law, we are constantly educating ourselves on all of the details to be able to provide to our clients that could possibly affect them immediately or over the next couple of years.

The new acts contain many provisions that may affect your Individual return in different ways. Please find attached letters that explain each one of these various provisions and an all-inclusive document that contains a summary of individual and business related provisions.

After reading through the information, if you have any specific questions on something that might affect immediately you or your business please let us know. If there are any provisions that will not affect you or business immediately please reach out to us at a later date. We will be adding these documents along with additional documents as they become available to our website in the coming weeks. Your business health, questions and concerns are important to us and we are here to help.

Take care,

The Huggins and Company Team

COVID-19 Resources

  • Above the Line Deduction for Charitable Contributions
  • Credits for Self Employed
  • Depreciation of Qualified Improvement Property
  • Extension of time to file and pay taxes
  • Federal COVID-19 (Coronavirus) Full Responses
  • Recovery Rebates for Individuals
  • Requied Minimum Distributions
  • Special Rules for Retirement Funds