Too often, those who are self-employed, whether on a full-time basis or just doing some freelance work on the side, miss out on beneficial tax deductions to which they are entitled. Among the most significant is the home-office deduction. To qualify, however, you must...
Rather than create a new mandate for paid sick and family leave, the American Rescue Plan Act of 2021 expanded the availability of payroll tax credits for covered employers who voluntarily choose to continue offering the Families First Coronavirus Response Act (FFCRA)...
The new year brings with it some tax changes from the IRS, but far fewer than we saw with the Tax Cuts and Jobs Act of 2017, say tax advisors. From higher education credits to contribution limits and income caps for retirement accounts, and exemptions from gift and...
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