28Jul
28Jul
What’s Next for the Child Tax Credit?
December 15th, 2021 marked the last deposit date for the child tax credit payment expanded under the American Rescue Plan (ARP). Though many had hoped the program would be continued, political leaders are struggling to find a way forward that makes the majority of Congress happy. As a result, many...
28Jul
January 2022 Due Dates
January Calendar
28Jul
March 2021 Due Dates
Important due dates for businesses and individuals coming up in March heading into tax season.
Article Highlights
March 2021 Individual Due Dates March 2021 Business Due DatesMarch 2021 Individual Due Dates
March 10 - Report Tips to Employer
If you are an employee who works for tips...
28Jul
May 2021 Due Dates
May 2021 Individual Due Dates May 2021 Business Due Dates
May 2021 Individual Due Dates
May 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them...
28Jul
Refund Statute Expiring: Don’t Miss Out!
Article Highlights:
The refund statute expires on May 17, 2021 for unfiled 2017 returns. Unfiled returns will lose out on refundable credits. Refunds may be offset by unpaid child support, past-due student loans, and back taxes.If you have not yet filed your 2017 tax return and have a refund coming, time...
28Jul
Here’s What Happened in the World of Small Business in May 2021
Here are five things that happened this past month that affect your small business.
The U.S. Treasury proposed a global minimum corporate tax rate of 15%.
Continuing its push for a global minimum tax for businesses, the Treasury Department said on May 20th that corporations should pay at least a...
28Jul
The IRS is Resuming Collection & Enforcement Activities That Were Paused During COVID-19
The IRS reports that it is resuming “certain collection and enforcement processes that had been suspended because of the coronavirus pandemic.”This process kicked off on June 15, 2021, as the IRS started contacting taxpayers who have not responded to prior balance due notices.Since April 2020, the IRS halted its systemic...
28Jul
Here’s What Happened in the World of Small Business in June 2021
Here are five things that happened this past month that affect your small business:
There’s a tight labor market nationwide these days, and it’s giving workers more leverage.
The economy’s recovery gives low-wage workers more leverage, as “ballooning job openings in fields requiring minimal education” combine with a shrinking labor...
28Jul
Here’s What Happened in the World of Small Business in August 2021
Here are five things that happened this past month that affect your small business:
