Education Credits are for Children? Think Again!
If you think that education credits are just for sending your children to college, think again – the credits are available to you, your spouse, and dependents.
Newsworthy
The Lastest in the World of Small Business Last Month
In case you missed them, here’s a breakdown of the latest stories affecting your small business from September 2021.
An Expansion of the IRS Identity Protection PIN Program
The Identity Protection PIN Program by the IRS has been opened for all eligible taxpayers. Watch this video to see if you should get one.
Videos & Info Graphics
Video tip: Is It Time for Your Estimated Tax Payment?
Watch this video and see whether you will need to adjust your withholding or make an estimated tax payment for 2021.
Retirement Planning
Required Minimum Distributions Have Resumed for 2021
Required Minimum Distributions were suspended in 2020 as part of the COVID relief. The suspension was for one year only and the RMD requirement resumes for 2021
Tax Central
Higher Income Individuals Beware
The House Ways and Means Committee has released a list of proposed tax changes that impact individual, retirement, international and corporate tax law.
For Business
The Ins and Outs of Bookkeeping
Handling bookkeeping on your own can quickly become a full-time job, which is a bit of an issue since you already have one of those on your plate.
Tax Central
The IRS Backlog Is Causing Taxpayer Heartburn
COVID-19 brought about a perfect storm of delays in processing tax returns, which caused a monumental backup of returns waiting to be processed by the IRS.
How to Respond to an IRS Letter
An IRS letter can be a bringer of good news or a request for action from you. If you need help replying to an IRS letter, contact us today.
Tax Central
Fall Tax Planning May Be Wise
If there was ever a year for tax planning, 2021 may be at the top of the list.