“ARPA Adds $$$ to theChild and Dependent-Care Tax Credit!” To get our complete, FREE articlewith all the details… Bob Dylan said, “the times they are a changin.” And they sure are when it comes to the tax law! For example, take a look at the recent major changes to the American Rescue Plan Act (ARPA). They’re temporary for 2021 only.) Thanks to lawmakers, the … [Read more...]
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Tax Bonanza: Expanded Individual Tax-Credits in New Law
"Tax Bonanza: ExpandedIndividual Tax-Credits in New Law" To get our complete, FREE articlewith all the details… For tax-year 2021, Congress is giving away money. A LOT of money. In fact, Uncle Sam is backing up the truck and passing out billions and billions of dollars to businesses just like yours! Thank the American Rescue Plan Act of 2021for putting more … [Read more...]
ARPA Liberalizes the Earned Income Tax Credit Rules
"ARPA Liberalizes theEarned Income Tax Credit Rules" To get our complete, FREE articlewith all the details… The COVID-19 pandemic obviously caused devastating financial problems for individuals and businesses. That’s why lawmakers enacted the American Rescue Plan Act of 2021. One of the many changes made in the law (for 2021 only), is the liberalization of the … [Read more...]
Deducting Disaster Losses for Individuals
Whether you’re insured or not, a disaster means tax trouble. You’ll find out why when you read the full article,“Deducting Disaster Losses for Individuals” When a disaster strikes, brace yourself. You’re in for painful tax-problems concerning your disaster-loss deductions. (The tax law is your second disaster!) Here are two of many important facts… Deduction Fact … [Read more...]
Update: COVID-19 Tax Relief Measures after the New Law
On December 27, 2020, the newConsolidated Appropriations Act (CAA) became law. How will it affect you? For the answer, read the full article… “Update: COVID-19 Tax Relief MeasuresAfter the New Law” A little history… As you probably remember, the CARES Act made many temporary changes in the tax law. Some were helpful. Some were not. But the CARES Act changes … [Read more...]