by Dave Hooper | Apr 18, 2021 | Announcements, Tax Preparation
IRS to Automatically Adjust Prior Filed 2020 Returns with Unemployment Income Article Highlights Prior Filed Returns with Unemployment Income American Rescue Plan’s $10,200 Exclusion IRS Automatic Adjustment Refund Application When an Amended Return Might Be Required...
by Dave Hooper | Apr 13, 2021 | Tax Preparation
Tax Filing Deadlines Are Rapidly Approaching Article Highlights: Filing Due Date Balance due payments Contributions to a Roth or traditional IRA Estimated tax payments for the first quarter of 2021 Individual refund claims for tax year 2017 Just a reminder to those...
by Dave Hooper | Apr 12, 2021 | Resource, Tax Preparation
Don’t Miss Out on Tax Credits Article Highlights: Non-refundable vs. Refundable Credit Childcare Credit Earned Income Tax Credit Child & Dependent Tax Credit Saver’s Credit Vehicle Tax Credits Adoption Credit Residential Energy-Efficient Property Credit Tax...
by Dave Hooper | Apr 10, 2021 | Business Services, Tax Preparation
You Can Expense Business IT Purchases Article Highlights: Depreciation Material & Supply Expensing De Minimis Safe Harbor Expensing Routine Maintenance Bonus Depreciation Section 179 Expensing Thanks to some very liberal tax laws written to encourage investment in...
by Dave Hooper | Apr 5, 2021 | Business Services, Individuals, Tax Preparation
5 Tips for Operating a Successful Gaming Business When you were growing up, you dreamed of being able to one day play video games for a living – finding a way to make a career out of your favorite hobby. Technology has made it so that many gamers have turned that...
by Dave Hooper | Apr 4, 2021 | Individuals, Tax Preparation
Great News, Child Care Tax Credit Expanded for 2021 Article Highlights: American Rescue Plan Expanded One-Year-Only Change Refundability Child Care Expenses Credit Percentage Maximum Credit Credit Phaseout Employer-Provided Dependent Care Assistance Great news if you...
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