Advance Child Tax Credit
The IRS announced that the Child Tax Credit for 2021 will be raised to $3,600 for children under 6, and $3,000 for children 6 to 17 years old. As part of the pandemic relief package passed earlier this year, qualified taxpayers will be eligible to receive advance payments on their estimated Child Tax Credit for […]
What you need to know about extending your tax filing
When it comes to taxes, sometimes an extension may make the most sense for you. What is an extension exactly? Essentially, a tax extension gives you six extra months to do your taxes. In a typical tax year without IRS exceptions, this would mean pushing your filing deadline from April 15 to October 15. If […]
Understand how tax changes can help your business weather the pandemic
As the coronavirus pandemic is increasing in intensity across the country, it is important for businesses to not lose sight of the options available to them to help manage operations in this rapidly changing environment. The most notable changes were delivered within the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress this […]
CARES Act and Other Stimulus for Individuals
We are facing uncertain times… COVID-19 is forcing all businesses and individuals to adjust in a multitude of ways. We all are rightfully concerned what this means as we navigate this unprecedented period. Our mission is to help you thrive. Details are changing rapidly, but below is the latest on what we know. Please share […]