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Tax Legislation

YEAR-END TAX & FINANCIAL PLANNING (NOVEMBER 14, 2021)

Greetings, As we approach year-end, I’d like to pass along this enclosed letter summarizing some of the key tax and financial considerations for this year.  ...
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LAST-MINUTE YEAR END GENERAL BUSINESS INCOME TAX DEDUCTIONS (NOVEMBER 6, 2021)

November 6, 2021 Re:  LAST-MINUTE YEAR END GENERAL BUSINESS INCOME TAX DEDUCTIONS Dear Clients and Friends: The purpose of this tax article is to get ...
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NEW CORONAVIRUS STIMULUS SIGNED INTO LAW, INCLUDES TAX BREAKS FOR INDIVIDUALS (March 12, 2021)

Dear Clients and Friends, President Biden has signed into law the new economic relief package.  This $1.9 trillion American Rescue Plan (ARP) provides a wide-array ...
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IRS FORM 1099-NEC – NEW FORM!! – FILING DEADLINE JAN 31 (January 8, 2021)

If you’ve paid independent contractors in 2020, you’ll need to complete the new form 1099-NEC instead of a 1099-MISC. Businesses need to use this form ...
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TAX UPDATE: CHILD TAX CREDIT (JUNE 25, 2021)

June 25, 2021 Re: Important changes to the child tax credit; please contact me with questions.  If you are not affected, please feel free to ...

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