by Stephen Griffin | Feb 27, 2023 | Tax Accounting
New Rules, Same Ways to Reduce Your Tax Bill With new and changing laws every year, it is increasingly easy for taxpayers to overlook deductions and credits that may reduce their tax liability. This year, we want to highlight the American Plan Rescue Act of 2021—which...
by Jessica Benjamin, Racheal Alvey | Jul 30, 2021 | Accounting for Business, Accounting for Credit Unions, Tax Accounting
July 2021: Current Tax & Accounting News The latest tax and accounting news and information for personal taxpayers, businesses, and credit unions. IRS expands employer tax credit for Covid vaccine paid time off to include workers’ families “According to a release...
by Jessica Benjamin | May 9, 2021 | Tax Accounting
IRS Says The Expanded Child Tax Credit for 2021 Will Start in July The American Rescue Plan Act (ARPA) signed into law by President Joe Biden in March includes a provision for expanding the child tax credit for 2021. Expanded Child Tax Credit to Provide Monthly Checks...
