-
2021 – 07/19
The IRS has issued guidance that updates its Employee Plans Compliance Resolution System (EPCRS). The EPCRS permits retirement plan sponsors […]
Read More -
2021 – 07/16
Direct deposit refunds began rolling out on July 14 to millions of taxpayers who overpaid taxes on their 2020 unemployment […]
Read More -
2021 – 07/09
The IRS is providing more information about the advance payments of the Child Tax Credit (CTC) that will begin being […]
Read More -
2021 – 07/20
In a “COVID Tax Tip,” the IRS provides advice on making payments of deferred employer Social Security taxes reported by […]
Read More -
2021- 07/06 – 10 facts about the pass-through deduction for qualified business income
Are you eligible to take the deduction for qualified business income (QBI)? This valuable tax break is also referred to […]
Read More -
2021 – 07/20 – There’s currently a “stepped-up basis” if you inherit property — but will it last?
If you’re planning your estate, or you’ve inherited assets, you may not know the “basis” for tax purposes. Under the […]
Read More -
2021 – 07/02
Do you have a hobby that’s a source of income? If so, that income must be reported on your tax […]
Read More -
2021 – 07/01
Are you eligible to receive the advance child tax credit (CTC) payments that begin July 15? Have you provided bank […]
Read More -
2021 – 05/25 – Many parents will receive advance tax credit payments beginning July 15
Eligible parents will soon receive payments from the federal government by direct deposit, paper check or debit card. The IRS […]
Read More -
2021 – 06/14 – 2021 Q3 tax calendar: Key deadlines for businesses and other employers
Here are some key tax-related deadlines for businesses and other employers during the third quarter of 2021. AUGUST 2: Employers […]
Read More -
2021 – 5/24 – The IRS has announced 2022 amounts for Health Savings Accounts
The IRS has released the inflation-adjusted amounts for Health Savings Accounts (HSAs) next year. For calendar year 2022, the annual […]
Read More -
2021 – 04/15
The IRS will begin sending advance monthly Child Tax Credit (CTC) checks starting on July 1, according to testimony to […]
Read More -
2021 – 04/01
President Biden has released a summary of the “American Jobs Plan” that focuses on infrastructure improvements and other initiatives. He […]
Read More -
2021 – 03/11
Even though the provisions of the newly passed American Rescue Plan Act (ARPA) lean heavily toward individuals, there are several […]
Read More -
2021 – 03/18
Individual taxpayers get extra time to file their 2020 tax returns and pay their taxes because of the pandemic. The […]
Read More