May.17, 2021
Who qualifies for “head of household” tax filing status?
When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, marr...
May.13, 2021
The 2020 tax filing deadline is coming up: Do you need an extension?
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2...
May.10, 2021
Help ensure the IRS doesn’t reclassify independent contractors as employees
Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these wo...
May.6, 2021
ARPA tax break may make child care less expensive
The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for ...
May.5, 2021
Changes to premium tax credit could increase penalty risk for some businesses
The premium tax credit (PTC) is a refundable credit that helps individuals and families pay for insurance obtained from ...
May.4, 2021
Did you make donations in 2020? There’s still time to get a deduction
If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your ...