What could President Biden’s tax proposals mean for you? Here’s a brief rundown of the “American Families Plan.”
Month: April 2021
Changes to premium tax credit could increase penalty risk for some businesses
If your business can be defined as an applicable large employer, the recently signed American Rescue Plan Act might increase the likelihood that you’ll incur a penalty under the Affordable Care Act.
Who qualifies for “head of household” tax filing status?
If you qualify to file as a “head of household,” you may pay less tax than if you file your tax return as a “single” individual.
EIDL loans, restaurant grants offer relief to struggling small businesses
Could your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options.