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  • Taxpayers Don’t Have to Repay Excess APTC for TY2020

    April 12, 2021
    Taxpayers Don’t Have to Repay Excess APTC for TY2020

    The American Rescue Plan Act brought a third round of Economic Impact Payment and plenty of changes to tax credits,…


  • Consider Amending Returns That Didn’t Take Unemployment Compensation Exclusion

    April 2, 2021
    Consider Amending Returns That Didn’t Take Unemployment Compensation Exclusion

    Major tax legislation usually causes a period of confusion as taxpayers and tax professionals wait for official guidance on complex…


  • IRS Says PPE Expenses Could be Deductible

    March 29, 2021
    IRS Says PPE Expenses Could be Deductible

    A new announcement from the Internal Revenue Service should come as welcome news to front-line health care workers nationwide. Announcement…


  • IRS Now Sending EIP Checks, Debit Cards

    March 24, 2021
    IRS Now Sending EIP Checks, Debit Cards

    As the old phrase goes, things are looking up. The Internal Revenue Service says more Economic Impact Payments (EIP3) are…


  • Tax Day Pushed Back to May 17

    March 17, 2021
    Tax Day Pushed Back to May 17

    Much like last year, the 2021 filing season has been characterized by challenges. The season started later than usual, tax…


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