Child Tax Credit Payments: What You Need to Know

by Autumn Johnson on Jul 5, 2021 10:15:00 AM

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

by KerberRose on May 11, 2021 7:30:00 AM

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

by Karli Klismith on Apr 13, 2021 1:19:32 PM

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

by Autumn Johnson on Mar 26, 2021 2:55:03 PM

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

by Autumn Johnson on Mar 17, 2021 6:16:17 PM
The IRS is delaying the federal income tax filing deadline for individuals for the 2020 tax year until May 17, 2021. While we are waiting on formal...

Completing the 2021 W-4 (Employee's Withholding Certificate)

by Cathryn Siolka on Feb 16, 2021 9:29:19 AM
The 2021 W-4 (Employee’s Withholding Certificate) What is it? The W-4 form is completed by employees and used by employers to calculate the amount...

Important Provisions of the Consolidated Appropriations Act of 2021

by Chris Olson on Jan 5, 2021 11:01:49 AM

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

by Chris Olson on Dec 23, 2020 4:17:47 PM

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?

by Steven Grover on Sep 14, 2020 3:40:44 PM

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

by KerberRose on Sep 4, 2020 9:29:01 AM

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of...