"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...]
Legislation
Sorted by Date
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...]
Business Tax Breaks Thanks to the Recently Enacted CAA
Help yourself to a tasty buffet of tax breaks! The new Consolidated Appropriations Actis serving them up now! Read the full article now… “Business Tax Breaks Thanks tothe Recently Enacted CAA” Good news! The new Consolidated Appropriations Act (CAA), signed into law on December 27, 2020, can be a real money saver for business owners like you! You see, the new … [Read more...]
Congress Passes Corporate Transparency Act: What It Means for You
Say goodbye to privacy.Say hello to new reporting requirements. Read the full article:“Congress Passes Corporate Transparency Act:What It Means for You” Are you running an LLC or a corporation? Then be prepared for an important change in the law… Starting in 2022, the new Corporate Transparency Act (CTA) goes into effect… For the first time, federal law will … [Read more...]