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Article Highlights: Economic Impact Payments High-Income Taxpayer Phaseout Reconciliation Dependents Decedents Social Security Number Requirements Non-Filers IRS Information Sites  The American Rescue Plan Act has

Article Highlights:  COVID Work from Home Requirements Employee Versus Self-employed Qualifications Actual Expense Method Simplified Method Home Office Expenses for Renters vs. Homeowners How Moving

There are many professions that require taxpayers to travel extensively and spend significant amounts of time in paid lodging. These expenses are traditionally claimed as

Article Highlights: Single Married Filing Jointly Surviving Spouse Married to a Nonresident Alien  Head of Household Married Filing Separate Filing status is determined on the

Article Highlights: CARES Act Moratorium RMD Resumptions Age Considerations Figuring out the RMD Amount Penalty for Not Taking an RMD No Maximum Limit IRA-to-Charity Transfers

Article Highlights: IRS Announcement Limited to Individual Tax Returns Tax Due Payments Further Extensions 2021 Estimated Tax Payments Not Extended The IRS has announced they

March 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during February,

February 1 – Tax AppointmentIf you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient

Article Highlights:  Employment (Earned) Income  Earned Income Tax Credit (EITC)  Child Tax Credit (CTC) 2019 or 2020 Earned Income Credit Qualifications  Because of the pandemic,

Article Highlights: Crowdfunding Sites Gifts Charitable Gifts Business Ventures SEC Registration Crowdfunding Scams Raising money through Internet crowdfunding sites prompts questions about the taxability of