Tax Law and News

Restaurants

Guidance issued on tax relief on deductions for food or beverages from restaurants

American Rescue Act

American Rescue Plan: Essential insights for businesses

US Capitol

State conformity to federal COVID-19-related tax provisions

Washington, D.C.

IRS update on 2020 Premium Tax Credit

Tax and Moving

Total tax implications when you move

Cryptocurrency

Crypto tax time: Considerations for tax year 2020

Employee Retention Credit

IRS provides guidance for employers claiming the Employee Retention Credit for first two quarters of 2021

S Corp

Creating an S corporation entity can reduce self-employment tax

IRS

IRS to recalculate taxes on unemployment benefits; refunds to start May 2021

Section 529 plans

Emergency aid granted to students due to COVID-19 is not taxable

Tax Accountant

April 2021 tax and compliance deadlines

IRS Tax Deadlines

IRS extends filing and payment deadlines for tax year 2020