House Ways and Means releases reconciliation tax payfors
(authored by RSM US LLP) House Ways and Means issues its discussion draft amendment with revenue items to offset $3.5 trillion spending package....
14 September, 2021
Tax Planning Tag
Child Tax Credit Payments: Make Changes by Aug 30 for Sept
Authored by the IRS: IR-2021-171, August 20, 2021The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update...
23 August, 2021
The IRS Takes Aim at High Net Worth Individuals
(authored by RSM US LLP) A discussion on the IRS concern with non-filers and what can be done to mitigate the risk is provided in this article....
17 August, 2021
Trusts 101
Authored by Haynie & Company Partner Bernard Abercrombie, CPA DO YOU NEED A TRUST? Every year we receive questions from clients about whether they should set up one or more trusts. The...
28 July, 2021
Tax Savings from Texas Winter Freeze
Authored by Haynie & Company Partner Bernard Abercrombie, CPAIn February of this year, Texas suffered through an unprecedented winter freeze. Many suffered damage because of the freeze, all the way...
28 July, 2021
Colorado Enacts Numerous Tax-Related Bills
(authored by RSM US LLP) Trio of tax bills impact individual and business filers with significant corporate income tax changes scheduled for 2022....
29 June, 2021
Advance Child Tax Credit Payments Starting July 2021
Advance Child Tax Credit Payments Starting July 2021 Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer. The IRS will...
23 June, 2021
IRS Adds Vehicles to Qualified Plug-in Vehicle List
(authored by RSM US LLP) The IRS has added the 2021 Hyundai Ioniq to list of vehicles eligible for section 30D credit affecting buyers and lessors of these vehicles....
23 June, 2021