With the holiday season upon us, the 2021 tax preparation season will soon follow. With the end of the tax year just around the corner,...

President Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law on November 15, 2021. One of the provisions of that...

Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with...

The U.S. Treasury has released the Biden administration’s 2022 Fiscal Year Budget, which includes a general explanation of the...

A taxpayer who is in the business of providing family day care in their home may deduct the ordinary and necessary expenses of their...

This is an overview of the several tax benefits that were included in the American Rescue Plan Act recently passed by Congress that will...

As we noted in prior articles, Congress has made substantial changes to the child tax credit (CTC) for 2021. · The CTC has been increased...

The Internal Revenue Service and the U.S. Department of the Treasury announced recently that the first monthly payment of the expanded...