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Showing 241-252 of 260 items
Paying Medicare premiums? Don’t miss a tax deduction.
Are you age 65 and older and have basic Medicare insurance? If you don’t have the level of coverage that...
Tax
Many parents will receive advance tax credit payments beginning July 15, 2021
The IRS has announced that under the American Rescue Plan Act (ARPA), eligible parents will begin receiving payments for advance...
May 17, 2021 Deadline Day – Pay to Avoid Penalties
As many have heard, the 2020 individual income tax filing deadline was moved to May 17, 2021. This deadline is...
Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes.
In recent months, there have been several tax changes that may affect your individual tax bill. Many of these changes...
REMINDER: Due dates for 2020 tax returns and the change of “Tax Day” to May 17th
Internal Revenue Service announced that the federal 1040 income tax filing due date for individuals for the 2020 tax year...
Do you qualify as the “head of household” for filing purposes?
An individual’s filing status determines the rate they are taxed and their allowable standard deduction. The head of household filing...
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...
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...
