Showing 15 Result(s)

When can I deduct travel expenses?

Unfortunately under current law there are more limited opportunities for to deduct travel expenses. But for the taxpayers that qualify, this can provide substantial tax savings. You can read about deducting travel expenses here.

Big 2021 Changes for the Child and Dependent Care Credit.

In my view the Child and Dependent Care Credit 2021 changes didn’t get as much media coverage as they deserved. Perhaps the focus on the Advance Child Tax Credit Payments overshadowed the Child and Dependent Care Credit changes. For some taxpayers the Child and Dependent Care Credit will actually have a bigger impact on their …

Tax Tips for Gig Workers.

New gig workers and self employed individuals can be surprised by the increased complexity of their tax returns. Sometimes understanding the changes are difficult. Here are a few tax tips for gig workers and the self employed.

What Should I do when my Tax Refund is Late?

Many taxpayers have experienced the frustration of a tax refund taking longer to reach us than we would like. Most taxpayers do receive their refunds within 21 days. And some delays are relatively normal. But what if it is simply taking too long, what should you do? You can get some tips by reading here.

What is the 2021 Tax Year Recovery Rebate Credit?

The Recovery Rebate Credit in your 2021 Tax Return is how you will reconcile the third stimlus payment or the third Economic Impact Payment as the IRS calls it. The third stimulus payment is not taxable, but it is included in the 2021 tax return to make sure taxpayers didn’t miss the payment either in …