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Recent Blog Posts
New Business Tax Changes and Extenders in Most Recent Stimulus Package
The Consolidated Appropriations Act, 2021 (Act) was passed by Congress on December 21, 2020, and signed by President Trump on December 27, 2020, granting further Covid-19 relief. This article highlights some of the tax changes and extenders that will be of interest to...
Newly Retired? Don’t Overlook These Commonly Missed Tax Breaks
With retirement comes the challenge of stretching out your savings for the rest of your life, so it’s more important than ever to take advantage of every available tax break. Surprisingly, there are some tax breaks for seniors that are often missed simply because they...
Bipartisan Senators Propose $908 Billion Pandemic Relief Bill. Here’s What’s Included.
A group of 10 centrist lawmakers recently unveiled an approximately $908 billion economic relief plan, which has brought life back into stalled talks centered around pandemic relief packages. A second stimulus check, funding for state and local budgets, as well as...
Year-End Tax Tips for Small Businesses in 2020
With just a couple of weeks left in 2020, time is running out to take proactive steps to lower your 2020 tax bill. Even if you plan to file an extension, most tax-saving moves need to be made before Jan. 1, 2021. Here are some last-minute tax strategies small business...
