As 2021 comes to a close, we’ve highlighted a few key issues to watch for as you get ready to have your 2021 tax return prepared. Required Minimum Distributions Required…
Check W-4 withholdings With so many changes recently, it’s a good idea to check how much federal income tax you’re having withheld from each paycheck. Too little can lead to…
Our colleagues from NATP have provided us with some valuable insight into the American Rescue Plan Act, which is to be signed into legislation this week by President Joe Biden.…
Has COVID-19 adversely affected your small business or one owned by a family member, friend or client? Does the measure of affect make closing the business the most logical decision?…
In most cases, taxable income is a fairly straightforward figure to calculate. Typical sources of income – such as wages, self-employment, interest, or dividends – are reflected as cash that…
Tax Notes The IRS advised that high deductible health plans (HDHPs) can cover the costs for testing and treatment of COVID-19 without losing their status as an HDHP. As we…