You Should Know

BY STANLEY ZAROWIN

An article in the July issue (page 100) explained how you can not only send e-mails directly from Word and Excel, but you can also add a document or spreadsheet as an attachment. However, Connie Steinhart, CPA, treasurer at TIC International Corp. in Carmel, Ind., raises this caveat: If your organization encrypts attachments for outgoing e-mails as part of its security system, make sure that the attachments go out with encryption. Not all security systems let Word and Excel connect to them—thus allowing the attachment to be transmitted without security.

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These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

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