As many are aware, the COVID-Related Tax relief Act has released a second round of economic impact payments (EIP), recovery rebates, and stimulus payments. These payments are in addition to the recovery rebates that were issued throughout 2020 to many taxpayers as...
Today our clients are busier than ever. Some are juggling working a full-time job from home while homeschooling their children, others are on the front lines struggling to care for the sick, and others still are starting new jobs or battling unemployment. During these...
As you near your graduation day, many of you may feel overwhelmed by the fact that in a short time you will have to start looking for your entry-level jobs. Even more overwhelming is the statistic that before actually entering the labor market, the Institute for...
As it passed the Senate, this provision provides a refundable payroll tax credit for 50% of wages paid by eligible employers to certain employees during the COVID-19 crisis. (Act Sec. 2301(a)). The effective date of the credit applies to wages paid after March 12,...
“…in this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin. Though Mr. Franklin understood clearly that paying taxes was a certainty, he could not have imagined just how complex tax filing would become. The U.S. tax code is a...
Kudos to congress for passing legislation and protecting the timber industry from a bevy of tax increases. Importantly, the Act extends, and in some cases makes permanent, many provisions that will allow businesses more tax savings opportunities. The PATH act, signed...
Let’s face it, education is expensive. In my last article, I touched on 529 plans, and now there are even better reasons to open this account for your child or grandchild.
