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Showing 241-252 of 254 items
Enhanced Child and Dependent Care Credit – 2021
The child and dependent care credit has been available to taxpayers for a while but for 2021 tax year, the...
Tax
New law March 2021: Parents and other eligible Americans to receive direct payments
The American Rescue Plan Act, signed into law on March 11, 2021, hopes to provide a variety of tax and...
Estimated tax payments: When you are required to make them
Normally April 15 is the deadline for filing your individual tax return (except for 2020 taxes that are now due...
Are you retiring soon? Recent law changes may have an impact on your retirement savings!
Are you approaching retirement? If you are, then you will probably want to ensure that the money you have saved...
Working From Home? When To Consider the Home Office Deduction
More and more people are working from home, especially during the COVID-19 pandemic. If you spend time working at home,...
Business
Tax Credit Available for Purchasing an Electric Vehicle
Although we still do not see as many electric vehicles (EVs) as cars on the road today, they are increasing...
Planning for a Virtual Tax Season
Planning for a virtual tax season may seem stressful, but it doesn’t have to be, and in fact you might...
Delay in E-filing of 2020 returns but Three Reasons to File Early
The IRS announced that the opening of the 2020 individual income tax return filing season will be Friday, February 12....
COVID Relief Act Enhances Higher Education Tax Credits and Deduction
Getting a college education is expensive. It is also a great investment in your future as well as the future...
I’m a C Corporation – Should I Stay or Should I Convert Now?
The best choice of entity can affect your business in several ways, including the amount of tax you will pay....
Second Round of Economic Impact Payments Are on the Way!
On December 27, 2021 President Trump signed the long-awaited $900 billion stimulus package and government spending bill. Included in the...
A Primer on Depreciation Breaks for Commercial Real Estate
Commercial buildings and improvements are generally depreciated over 39 years. Depreciation means that you can deduct a portion of the...
