What’s New for 2021 Tax Returns

Tuition and fees deduction not available. The tuition and fees deduction is not available after 2020. Instead, the income limitations for the Lifetime Learning Credit have been increased. Economic impact payment—EIP […]

2021 Year-End Tax Planning for Businesses

As we wrap up 2021, it’s important to take a closer look at your tax and financial plans. This year likely brought challenges and disruptions that significantly impacted your personal […]

2021 Changes To Child Tax Credit

Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the […]

2020 Year-End Tax Planning for Businesses

New laws and the rapidly changing environment brought on by the COVID-19 pandemic have presented new tax challenges this year. As 2020 draws to a close, there is still time […]

Federal Government Spending Bill

The federal government spending bill, signed by President Trump on December 20, 2019, contained many tax provisions including some changes to retirement plan rules. Possibly one of the biggest changes […]

Year end Tax Planning

Year-end planning for 2019 takes place against the backdrop of recent major changes in the rules for individuals and businesses. Despite these major changes, the time-tested approach of deferring income […]