College is a significant investment, whether you’re paying for your own education or a dependent’s. Thankfully, there are tax credits to help defray the costs. Learn about two available...
The Work Opportunity Tax Credit is an incentive for businesses to hire workers who might have a challenging time entering the workforce. Learn about the WOTC requirements, credit amount, and...
(authored by RSM US LLP) Congress passed multiple pieces of legislation aimed at providing relief to employers struggling due to the pandemic. A new Treasury Inspector General for Tax Administration...
The State Small Business Credit Initiative (SSBCI) was reauthorized and allocated $10 billion in funding to help underserved entrepreneurs and small businesses access much-needed debt and equity capital. Learn about...
(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....
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 RSM US LLP) Some employers can give paid leave to employees impacted by COVID in 2021 and claim a payroll tax credit per the American Rescue Plan Act....
(authored by RSM US LLP) The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021....