You just started a business and wonder what you can write off?
Good news! Expenses paid or incurred in 2021 are allowed as a current deduction in the year the active trade or business begins, up to...
President Biden’s Tax Hikes Are Coming!
First, Biden wants to raise the corporate tax rate from 21% to 28%. Second, the top individual's income tax rate will be raised from 37%...
Today is the last day to opt-out of the first advance child tax credit payments!
Starting from mid-July, millions of American families will start receiving monthly enhanced child tax credit payments that could amount...
The Tax Consequences Of Cryptocurrency!
If you are into cryptocurrency trading, it may be important for you to be informed of how gains will be taxed. While the IRS has issued...
About To Treat Your Employees With a Party? Learn How To Make It 100% Tax Deductible!
As a business owner you want to treat your employees to recreational events and parties, do you know that you could potentially get a...
Prepare For Self-Employment Taxes?
If you are self-employed or an independent contractor, are you prepared for self-employment taxes? If you have income up to $140k, you...
Biden Tax Plan Reveals A $4 Trillion Tax Hike! What You Should Know!
If you are a real estate investor or agent, this news may affect you or your clients. A recent read of the Biden/Harris tax plan reveals...
Good News! Start Receiving Child Tax Credit This July!
Good news! Starting from mid-July, millions of American families will start receiving the enhanced child tax credit payments that could...
Tax Day Is Today! (For Texas, Oklahoma, and Louisiana)
If you live in the states that went through the winter storm (Texas, Oklahoma, Louisiana), today (June 15) is the last day to file your...
The IRS recently released two FAQs explaining changes to various credits made by the American Rescue
With the Child and Dependent Care Tax Credit, ARPA has increased the maximum amount of work-related expenses for qualifying care that may...
