By Daniel Packard, MAcc, CPA, CVA, CFE The US Treasury Department and the IRS recently announced that the federal income tax filing due date for individuals will be automatically postponed from April 15, 2021 to May 17, 2021. Please note that the postponement applies only to individual federal income tax returns and related tax payments… Read More
By Daniel Packard, CPA, CFE, CVA Today, Congress passed the American Rescue Plan Act of 2021. The bill is now headed to President Biden’s desk for signature. The bill largely aligns with the framework put forth by President Biden, as it includes extensions of enhanced unemployment relief, increased funding for COVID-19 testing and vaccination programs,… Read More
Consolidated Appropriations Act On December 21, 2020, Congressional leaders released the text of the Consolidated Appropriations Act. The omnibus legislation encompasses a number of smaller acts, funding the government for the 2021 fiscal year, as well as providing relief for the escalating COVID-19 pandemic, economic stimulus, and tax relief. This 5,500 page piece of legislation… Read More
Written by Tim Anderson New funding is Available. Effective immediately, the HHS is accepting applications for new funds available to healthcare providers in the battle against the COVID-19 pandemic. WHO The eligible pool of recipients is even larger now than ever. Medical, Dental, and Behavioral health providers can apply, even if they received funds from… Read More
We cover a multitude of tax strategies created by the recent legislation. We also discuss pitfalls taxpayers must avoid to save tax. Presentation Slides Available Here.