News & Insights
2021 Child Tax Credit Updates & Advance Payments
July 2nd, 2021
|
Business Tax Services |
Tax |
Tax Credits
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 […]
READ MORE
Tax-Favored Ways to Build Up a College Fund
July 2nd, 2021
|
Business Tax Services |
Financial & Retirement Planning |
Tax
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 […]
READ MORE
Eligible Businesses: Claim the Employee Retention Tax Credit
July 2nd, 2021
|
Business Tax Services |
COVID-19 Relief Services |
Tax |
Tax Credits
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 […]
READ MORE
Mitigating Sales Tax Exposures Through Participation in Voluntary Disclosure Programs
July 2nd, 2021
|
Business Tax Services |
Tax
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 […]
READ MORE
Low Income Housing Tax Credits & Pitfalls of Income Averaging
June 17th, 2021
|
By Keith Pfeifle |
Tax Credits
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 […]