June 12, 2020
Sleeping Better at Night, Piedmont Offers Guidance
In this uncertain and unprecedented COVID-19 environment, a client family of Piedmont is focused on transitioning back to the office from working remotely, arranging childcare, and keeping their household running.
Tax laws are evolving rapidly, and this couple does not have the capacity to review all the changes and understand the implications for them.
Piedmont’s tax team stays current on tax law changes to determine how clients can benefit. Piedmont reached out to the couple informing them that their children could save income tax due to a recent retroactive change in the Kiddie Tax rules. Piedmont’s team amended the children’s prior returns, and they received refunds.
We are calm, confident, and ready to assist during this unexpected and challenging time.