Authored by: W. Dale Westenskow, CPA and Greg Ward, CPAThe IRS has recently released guidance to address changes made by the American Rescue Plan Act of 2021 for wages paid...
Authored by: W. Dale Westenskow, CPA, Haynie & Company Partner Paid sick and family leave tax credits Eligible employers can claim the credits for providing leave to employees to accompany a family...
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...
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...
The American Rescue Plan Act of 2021 brought an increase to the Child Tax Credit. Check out the following graphic for an easy to read overview. For more details on...
Authored by the Internal Revenue Service | March 31, 2021To help taxpayers, the Internal Revenue Service will take steps to automatically refund money this spring and summer to people who...
Much has been written regarding the Restaurant Revitalization Fund (RRF) already. For details on the RRF program please read our previous article. The following provides several important updates on the...
On March 22, 2021, The Internal Revenue Service announced that the next batch of Economic Impact Payments will be issued to taxpayers this week, with many of these coming by...