DISCLAIMER: Any bookkeeping, business or tax article contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor can it be used to avoid tax-related penalties. If desired, we would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.
Signed into law on March 11, 2021, the American Rescue Plan Act (ARPA) contains several tax provisions …
When filing a tax return, mistakes can result delay in processing, an additional amount of time to …
The federal income tax filing due date for individual taxpayers, including individuals who pay self-employment tax, has …
Special tax rules may apply to some children who received investment income in 2020 or expect to …
Now that we have vaccines against COVID-19, the dust is slowly settling down. Businesses are starting to …
If you haven’t contributed funds to an Individual Retirement Account (IRA) for tax year 2020, or if …
In general, income from renting a vacation home for 15 days or longer must be reported on …
The unprecedented happenings during the year 2020 had taught us a lot of things. It was a …
The IRS works with the Security Summit, a partnership with state tax agencies and the private-sector tax industry, …
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