What Tax Preparers Need to Know About the Child Tax Credit
2021 was an eventful year for the Child Tax Credit thanks to changes made under The American Rescue Plan. Now that filing… Read more
COVID-19 and Stimulus Tax Preparer Resources
What You Should Know About the Child Tax Credit Notice (Letter 6419)
Many of your tax clients have likely already received Letter 6419 from the IRS. This notice offers details about their advance… Read more
What to Know about the Employee Retention Tax Credit (ERC) Updates for 2021
The Employee Retention Tax Credit (ERC) first began in March 2020 under the CARES Act to incentivize employers to keep employees… Read more
Expanding the American Rescue Plan Act (ARPA)
What do tax professionals need to know about the American Rescue Plan Act (ARPA)? Here’s a summary of the American Rescue… Read more
Sick Leave Credit Will be Extended: How to Help Your Tax Clients Navigate
Since it was first signed into law in March 2020, the Families First Coronavirus Response Act (FFCRA) has been extended… Read more
Understanding the Recovery Rebate Credit for Tax Year 2021
To help Americans facing financial hardship as a result of the COVID-19 pandemic, the US government and the IRS issued… Read more