The fourth estimated tax payment deadline for 2020 is coming up. Here are the details of when it is and whether you’re required to make a payment.
President Trump signed into law billions of dollars in long-awaited COVID-19 and economic relief. The relief package is part of the nearly 5,600-page Consolidated Appropriations Act (CAA), which also contains numerous other tax, payroll and retirement provisions. Here are some of the provisions most likely to affect individual…more
Learn about the key tax provisions for individuals and businesses included in the Consolidated Appropriations Act of 2021.
Some taxpayers may be able to achieve significant savings with the QBI deduction by taking certain steps at year end.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act’s many provisions provide emergency relief for businesses suffering financial hardships due to COVID-19. The most widely publicized provision has been the Paycheck Protection Program Loan (PPP Loan).
What tweaks might be needed to your year-end tax planning now that the presidential election is over?