Tax Aspects of President Biden’s American Job’s Plan
(authored by RSM US LLP) Washington National Tax summarizes key tax aspects of President Biden’s American Jobs Plan and the Made in America Tax Plan....
07 April, 2021
Tax Planning Tag
Claim Your Economic Impact Payments on Your 2020 Tax Return
One of the more tax-troubling issues this year is the distribution of what Congress refers to as the recovery rebates. You may know these payments as the Economic Impact Payments...
22 March, 2021
Update on 1040 Virtual Currency Question
On the 2020 Form 1040 we are required to answer this question: "At any time during [the prior year], did you receive, sell, send, exchange, or otherwise acquire any financial...
22 March, 2021
9 Important Tax Topics for Individuals and Business Owners in 2021
(authored by RSM US LLP) Managing significant tax changes will ensure individuals and businesses are positioned for success for the remainder of 2021 and beyond....
17 March, 2021
Enhanced Charitable Deductions Extended for Individuals Through 2021
(authored by RSM US LLP) Stimulus legislation extends through 2021 the 100% of AGI deduction for itemizers and availability of a deduction for non-itemizers....
24 February, 2021
IRS Extends Tax Deadlines for Texas Winter Storm Victims
Authored by the IRS | IR-2021-43, February 22, 2021Victims of this month's winter storms in Texas will have until June 15, 2021, to file various individual and business tax returns...
23 February, 2021
Third Stimulus Check: Should I File My Tax Return Now or Later?
Will I qualify for a third stimulus check? Should I file my tax return now or later?We recommend you provide your information to us as soon as possible. We...
23 February, 2021
Virtual Currency – Reporting & Enforcement Update
2020 has been a year we would all like to forget in many ways. But it has been a banner year for the virtual currency world. After a slow and...
07 February, 2021