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Taxes

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Taxes

Are Your Unemployment Benefits Taxable?

With the passage of the CARES Act stimulus package early in 2020, the federal government began supplementing the normal state weekly unemployment...

Taxes

Big Increase in Child Tax Credit for 2021

An increased child tax credit is part of President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate the economy.

Taxes

WHAT IS A JOINT VENTURE?

When multiple business entities make a decision to start a new business together as a cooperative arrangement, they form what is known as a joint...

Taxes

MARCH 2021 BUSINESS DUE DATES

File government copies of information returns (Form 1099) and transmittal Forms 1096 for certain payments you made during 2020, other than the...

Taxes

TAX CONSEQUENCES OF CROWDFUNDING

Raising money through Internet crowdfunding sites prompts questions about the taxability of the money raised.

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