Advanced Child Tax Credit Payments
As part of the American Rescue Plan Act passed in March 2021, changes were [...]
Yearly Tax Essentials
As we near the end of this extended tax season, we wanted to share [...]
How Long Should I Save It?
After your taxes are filed, what do you do with the documents? Do you [...]
Life Event: You Had a Baby!
The next life event we are exploring is having a baby and how that [...]
Life Event: Getting Married!
When you get married your tax status changes to married filing jointly the year [...]
Federal & State Tax Filing Deadline Extended
On Wednesday, March 17th, the US Treasury Department and Internal Revenue Service (IRS) announced an [...]
Latest COVID-19 Relief Bill – What is Included & Who is Eligible
On March 11, 2021, the President signed the latest COVID-19 relief bill into law. [...]
Would You Rather Have a Tax Deduction or Tax Credit
You have $1,000. Would you rather have the money as a tax credit or [...]
4 Common Tax Surprises
We've all been there. It's tax time and a surprise comes up that you [...]
Organizing Your Documents for a Successful Tax Return
If you are like most individuals, you wait until tax time to start putting [...]
Bringing Back the 1099-NEC Form in 2020
New year, new tax forms. This year the IRS has brought back the 1099-NEC form [...]
2020 Tax Plan – New Forms, Maximizing Deductions, & More
As the coronavirus pandemic has taken center stage in challenging all businesses, it is more [...]
2020 Year End Tax Planning
As 2020 comes to an end (finally!), we encourage our individual and business clients to [...]
PPP Forgiveness – Apply Now or Wait?
On September 10, 2020, the US Senate voted on an additional bill for coronavirus relief. It failed to pass the Senate.
Social Security Tax Deferral for Certain Employees – Is it Worth the Risk to Employers?
On August 8, 2020, President Trump signed an executive memorandum to stop withholding Social Security tax from certain worker paychecks and