Tax Newsletter April 2021 Part 2

May 17 2021 Tax Deadline

Are you Prepared for the May 17, 2021 Tax Deadline? In This Issue Additional guidance on the New American Rescue Plan Act of 2021 New webinars coming in June! In the meantime, check out our webinar schedule.  Key Things to Act on at this Time: Changes between and House and Senate are discussed. Hold all […]

Tax Newsletter April Part 1

American Rescue Plan Act 2021

Additional guidance on the American Rescue Plan Act of 2021. This mid-month newsletter covers only part of the changes under the New Law.  Part 2 will arrive around April 1, 2021.  Key Things to Act on at this Time: Changes between and House and Senate are discussed. Do not amend returns due to the ARPA […]

Tax Newsletter March 2021

IRS Forms

Your Guide to the 2021 Tax Season How is your tax season going? Do you have new tax preparers on your team who might need a refresher? Check out our summer Tax Boot Camp series on the webinar schedule. Or sign up for the Unlimited package now for $199. In This Issue Issue 1A: IRS Commissioner […]

Tax Newsletter February 2021: Are You Ready for Tax Filing Season?

Tax Prep

A New Year and a “NEW” 2021 Tax Filing Season Are You Ready? In This Issue Issue 1: 2021 Tax Filing Season Begins Feb. 12; IRS Outlines Steps to Speed Refunds During Pandemic Issue 2:  Question and Answers from the 2021 January Quarterly Update Issue 3: Revenue Procedure 84-35 Changes Issue 4: CAA Extender and […]

2020 Virtual Seminar Question & Answer Summary

Q&A

Answers to Questions Posed at the Year-End Seminars The Consolidated Appropriation made some changes to the PPP Loans. As of this date we have some preliminary information and will be awaiting guidance on several issues.  The questions posed at the year end sessions have been updated as it relates to the deductibility of expenses. There […]

January 2021 Newsletter COVID-19 Relief Bill with PPP Expansion

2021 Tax Law

Trump Signs COVID-19 Relief Bill with PPP Expansion Basics and Beyond is ready to provide an update on the newest COVID-19 bill signed into law. This webinar will review the COVID-19 Relief Bill: Coronavirus Relief Act of 2020, PPP loan funds and forgiveness, Business Meals, FFCRA, Employee Retention Credit, Tax Extenders, SBA Loans, etc. Join […]

Getting Ready for the 2021 Tax Season

Tax Planning 2021

Tax Planning 2021 New in 2021: Those who Did Not receive an EIP may be able to claim the Recovery Rebate Credit Clients may be able to claim the Recovery Rebate Credit if they met the eligibility criteria in 2020 and: They didn’t receive an Economic Impact Payment this year, or Their Economic Impact Payment […]

Tax Newsletter: December 2020

form 8962

Important Update to the November Newsletter – Concerning Marketplace and Healthcare Subsidy – May Impact Your Client Please review the first page of the November Newsletter to get the background on this issue – here is what has happened thus far: The client’s return has been received but on where’s my refund – it says […]

Tax Newsletter: November 2020 Secure Act Part 2?

Will we see a Secure Act Part 2? As we approach the end of– an unexpected, unbelievable 2020 year – many will remember this year for the virus and the extended tax season. Others may remember the transition into online CPE and learning. Unfortunately, the virus will follow us in 2021, but it has been […]

TAX Newsletter: October 2020

As the October 15th tax deadline approaches, the 2020 filing season ends and we prepare for the 2021 season. Many are engaged in preparing the final 2020 returns and in some cases getting the client to provide those final pieces of information. October is also our annual TAX Boot Camp. This series of classes prepare […]