2021 Year-End Tax Planning for Businesses

2021 Year-End Tax Planning for Businesses

2021 has been a challenging year to navigate through supply chain issues, labor shortages and other difficulties brought on by the pandemic. Fortunately, legislation has provided some economic and tax relief to businesses. The following sections provide an overview of...
2021 Year-End Tax Planning for Individual Taxpayers

2021 Year-End Tax Planning for Individual Taxpayers

With tax season rapidly approaching, individual tax planning should also begin. Due to several legislative changes to address economic hardships caused by COVID-19, there are a few items to consider while planning for 2021 taxes. Advanced Child Tax Credit The American...