News & Insights

2021 Child Tax Credit Updates & Advance Payments

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The American Rescue Plan Act (ARPA) of 2021 added several significant changes to the Child Tax Credit for 2021. Some of the changes include: Increasing the credit from $2,000 to […]

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Tax-Favored Ways to Build Up a College Fund

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If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs. You want to take maximum advantage […]

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Eligible Businesses: Claim the Employee Retention Tax Credit

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The Employee Retention Tax Credit (ERTC) is a valuable tax break extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021. Here’s a rundown of […]

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Mitigating Sales Tax Exposures Through Participation in Voluntary Disclosure Programs

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Almost three years after the U.S. Supreme Court issued its seminal decision in the Wayfair case, 45 states have enacted economic nexus rules. The rules require remote sellers to register […]

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Low Income Housing Tax Credits & Pitfalls of Income Averaging

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The Consolidated Appropriations Act of 2018 created a new minimum set aside election for new Low Income Housing Tax Credit (LIHTC) projects. Income averaging is one of the set-aside elections […]

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