The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July...
The Biden Administration Proposes Far-Reaching Tax Overhaul
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy initiative. The...
Additional Tax Deadlines Extended to May 17
Do you still need to file your personal income taxes? Due to the ongoing pandemic, the IRS has extended certain deadlines for individuals which would...
American Rescue Plan Provisions Affecting Businesses and Employers
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA) of 2021, which includes $1.9 billion in pandemic relief for...
TAX NEWS: IRS Extends 2020 Individual Federal Income Tax Deadline
Completing the 2021 W-4 (Employee's Withholding Certificate)
Important Provisions of the Consolidated Appropriations Act of 2021
The Consolidated Appropriations Act (CAA) was approved by Congress and signed by the President on December 27, 2020. This COVID relief bill contains...
New Pandemic Relief: What You Need to Know
Congressional leaders and the White House have agreed on the next round of COVID-19 relief legislation. After months of waiting and last-minute...
Are You Paying Enough Tax in 2020?
This year has been a wild ride for many businesses. Our firm works with small and medium-sized businesses throughout Wisconsin, and many of them are...
IRS Issues Guidance on Payroll Tax Deferral
On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of...