After tax day: Take these action steps
The April tax filing deadline has passed, but that doesn’t mean you should push your taxes out of your mind until next year. Here are three tax-related actions that you should consider taking in the near term (if you filed … Read more…
Common Myths in 2022 About the Employee Retention Credit (ERC)
The Employee Retention Tax Credit (ERC), which first began in March 2020 under the CARES Act, is a refundable employment tax credit to help businesses with the cost of keeping staff employed through the pandemic. Several changes have been made … Read more…
Congress eyes further retirement savings enhancements
In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related to retirement savings since 2006 — became law. Now Congress appears ready to build on that law to further increase … Read more…
The IRS again eases Schedules K-2 and K-3 filing requirements for 2021
The IRS has announced additional relief for pass-through entities required to file two new tax forms — Schedules K-2 and K-3 — for the 2021 tax year. Certain domestic partnerships and S corporations won’t be required to file the schedules, which are … Read more…
2022 Tax Calendar
To help you make sure you don’t miss any important 2022 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know if you have any questions … Read more…
U.S. House Passes the Build Back Better Act
The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. The Build Back Better Act (BBBA) includes numerous provisions related to areas ranging from health care, climate change and … Read more…
Don’t forget to factor 2022 cost-of-living adjustments into your year-end tax planning
Please Note: This blog post contains information that is based on current law as of the date of publishing. This information is subject to change based on the outcomes of legislative negotiations. Please always consult with your CPA Advisor for … Read more…
The Infrastructure Investment & Jobs Act includes tax-related provisions you’ll want to know about
Please Note: This blog post contains information that is based on current law as of the date of publishing. This information is subject to change based on the outcomes of legislative negotiations. Please always consult with your CPA Advisor for … Read more…
Potential tax law changes hang over year-end tax planning for individuals
Please Note: This blog post contains information that is based on current law as of the date of publishing. This information is subject to change based on the outcomes of legislative negotiations. Please always consult with your CPA Advisor for … Read more…
Debate continues in Congress over proposed tax changes
Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws, the Build Back Better Act (BBBA) and the Bipartisan Infrastructure Bill (BIB), also known as the Infrastructure Investment … Read more…
