Newsletters

Tax Alerts
Tax Briefing(s)

The IRS has released the 2021-2022 special per diem rates. Taxpayers use the per diem rates to substantiate certain expenses incurred while traveling away from home.


The IRS and the Treasury Department have issued guidance to employers about reporting the amount of qualified sick and family leave wages paid to employees for leave taken in 2021 on Form W-2, Wage and Tax Statement.


The IRS has issued temporary and proposed regulations that authorize the assessment of any erroneous refund of the COVID-19 employment tax credits which were added by the American Rescue Plan Act of 2021 ( P.L. 117-2). These credits for certain wages paid by employers are:



The IRS has reminded taxpayers to file their 2020 tax returns by the upcoming October 15, 2021 due date. Taxpayers must file on or before the extension deadline to avoid the penalty for filing late if they request an extension. Tax returns can still be filed through electronic filing options, such as the IRS Free File.


The IRS has reminded taxpayers to develop emergency preparedness plans due to the upcoming hurricane season and the ongoing threat of wildfires in some parts of the country. September is declared as the National Preparedness Month.


The IRS has emphasized the importance of correctly determining whether the individuals providing services to businesses were employees or independent contractors.


The IRS has allowed taxpayers to use electronic or digital signatures on certain paper forms they cannot file electronically.


The Tax Court had jurisdiction to determine the appropriate relief available to an individual who sought innocent spouse relief for two tax years at issue. Initially, the taxpayer submitted a request for innocent spouse relief for one tax year, which the IRS denied in a final determination.


  • TAX STRATEGIES FOR INDIVIDUALS AND FAMILIES
  • INVESTMENT PLANNING
  • TAX PLANNING FOR BUSINESS
  • PLANNING FOR THE FUTURE
  • THE CURRENT 2020 TAX CLIMATE
  • NATIVE MINIMUM TAX (AMT)
  • TAX CREDITS & DEDUCTIONS
  • EDUCATION STRATEGIES
  • ESTIMATED TAX PAYMENTS
  • TAXES FOR DOMESTIC HELP
  • CHILDREN’S TAXES
  • CHANGES TO EXEMPTIONS
  • SUPPORTING YOUR PARENTS
  • TAX STRATEGIES FOR HOMEOWNERS
  • IRAs FOR KIDS
  • TAXES & DIVORCE
  • MANAGING RECEIPT OF INCOME
  • YEAR END TAX PLANNING TIPS
  • CAPITAL GAINS & LOSSES
  • APPRECIATING INVESTMENTS
  • OTHER CONSIDERATIONs
  • PASSIVE ACTIVITIES
  • MUTUAL FUNDS
  • BONDS
  • REAL ESTATE
  • INVESTING IN SMALL BUSINESSES
  • THE CARES ACT: $2 TRILLION STIMULUS PACKAGE INCLUDES SMALL BUSINESS LOAN RELIEF
  • INVESTING IN SMALL BUSINESSES
  • EMPLOYER-PROVIDED BENEFITS
  • BUSINESS TAX CREDITS & DEDUCTIONS
  • CHOOSING THE BEST INVENTORY METHOD
  • BENEFITING FROM BUSINESS LOSSES
  • DEDUCTIONS FOR MEALS, ENTERTAIN- MENT, AND TRANSPORTATION COSTS
  • EMPLOYEE OR INDEPENDENT CONTRACTOR?
  • RETIREMENT STRATEGIES
  • ESTATE PLANNING

  • INTRODUCTION
  • 2020 MAY BE OUR LAST CHANCE TO TAKE ADVANTAGE OF THESE TRADITIONAL  BUSINESS TAX BREAKS 
  • HIGHLIGHTS OF SELECTED COVID-RELATED TAX PROVISIONS IMPACTING BUSINESSES
  • SELECTED TAX CHANGES INCLUDED IN OTHER RECENT LEGISLATION
  • TRADITIONAL YEAR-END TAX PLANNING TECHNIQUES  
  •  FINAL COMMENTS                                   

  • INTRODUCTION
  • 2020 MAY BE OUR LAST CHANCE TO TAKE ADVANTAGE OF THESE TRADITIONAL TAX BREAKS
  • HIGHLIGHTS OF RECENT LEGISLATIVE CHANGES
  • HIGHLIGHTS OF TRADITIONAL YEAR-END TAX PLANNING TECHNIQUES