What the IRS Moratorium on the Employee Retention Credit Means for Your Clients
The IRS has issued a moratorium on processing new requests to claim the Employee Retention Credit (ERC) amid concerns about… Read more
What is a Tax ERC and How Has it Been Updated?
The Employee Retention Tax Credit (ERC) first began in March 2020 under the CARES Act to incentivize employers to keep employees… Read more
How the American Rescue Plan Affects College Students
The American Rescue Plan, passed into law in March 2021, is known mostly as pandemic-related relief bill, but it also focuses… Read more
2021 Child Tax Credit: What Tax Preparers Need to Know
The information in this article was last updated on March 2, 2022. This article relates to the tax laws enacted during the… Read more
Letter 6419: What Preparers Should Know About the CTC Notice
Many of your tax clients have likely already received Letter 6419 from the IRS. This notice offers details about their advance… Read more
American Rescue Plan Act (ARPA) Expansion: Tax Credits & More
The information in this article was last updated on Jan. 13, 2022. This article relates to the tax laws enacted during the… Read more