How Do Changing Interest Rates Affect Tax Policy?
Many of us know to expect changes to interest rates after major tax reforms, but why do those changes occur? And how will they… Read more
Tax Law Changes
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
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
New Tax Law Changes for 2021: Part 2
Thanks to the Consolidated Appropriations Act, the American Rescue Plan Act (ARPA), and certain parts of the CARES Act,… Read more
New Tax Law Changes for 2021 Part 1: Refundable Tax Credits
Keeping up with tax law changes for 2021 has been no easy task. The American Rescue Plan implemented major changes to several… Read more