by Admin | May 10, 2021 | Individual Taxes
As part of its oversight role, Congress is constantly assessing the economic health of the United States, so hearing from Internal Revenue Service Commissioner Chuck Rettig that the country may be losing up to $1 trillion a year in evaded taxes is an obvious cause for...
by Admin | May 7, 2021 | Individual Taxes
President Biden presented his proposed American Families Plan (AFP) during his Joint Session of Congress address on April 29, 2021. What follows is an overview of what is included in the plan. But this is only his wish list; Congress will need to draft proposed...
by Admin | May 6, 2021 | Individual Taxes
The IRS has published a webpage to provide guidance to taxpayers on advance child tax credit (CTC) payments in 2021. Some background about the child tax credit – Taxpayers are allowed a CTC – temporarily expanded and made refundable for 2021 by the...
