Self-Employed During the Pandemic? Washington Did Not Forget You
You report your business income as self-employed on Schedule C of your Form 1040 if you receive 1099 income, operate your business as a single-member
You report your business income as self-employed on Schedule C of your Form 1040 if you receive 1099 income, operate your business as a single-member
For the tax year 2021, Congress is giving away billions of dollars in additional tax credits on your Form 1040 individual tax return. These temporarily
The earned income tax credit (EITC) has been around for years. But for some folks, it’s never been worth as much as it will be
The new American Rescue Plan Act (ARPA) makes major, but temporary, changes to the federal income tax child and dependent care credit (CDCC). Except for
For the 2021 tax year only, the new American Rescue Plan Act (ARPA) makes big, taxpayer-friendly changes to the federal income tax child tax credit
If you are self-employed or operate as a Corporation, and you can’t get individual health insurance coverage through your spouse (or through Medicare), you can
If you are married, most likely you’ve always filed a joint tax return with your spouse. Most of the time, a joint return shows less
First, say thanks to the Consolidated Appropriations Act, 2021 (CAA), enacted December 27, 2020. It opened the door (retroactively and going forward) for Paycheck Protection
With the Consolidated Appropriations Act, 2021, millions of small-business owners like you now qualify for the employee retention credit (ERC) thanks to three big changes:
You likely already know that the employee retention credit (ERC) is a good deal — if you qualify. Now, thanks to the recently enacted American
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