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...
Blog Category
tax planning
Remote Tax Preparation Gone E-Z
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...
Is the Tax Cuts and Jobs Act Supporting the Decision to Have More Children?
Last winter Congress passed the Tax Cuts and Jobs Act (TCJA) in an effort to lower income taxes for virtually all taxpayers. As a result, most Americans are expecting larger refunds this spring. Supporters of the bill believe this will help improve the economy, while...
The (potential) 20% Deduction Business Owners Should Understand
Last December, one of the biggest (real news) headlines was the drastic tax reform working its way through the legislative process. The Tax Cuts and Jobs Act (TCJA) was officially signed into law by President Trump on December 22, 2017 and it represents the most...