
ARPA Adds Dollars to the Child and Dependent Care Tax Credit
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

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

The new, massive stimulus bill enacted into law on December 27, 2020, contains eight new tax breaks designed to help the non-business taxpayer. None of

Members of the tax community struggle with the “solo corporate owner” qualification for the employee retention credit (ERC). In their recently published The Employee Retention

Good news. The PPP Extension Act of 2021 makes Paycheck Protection Program (PPP) monies available until the earlier of May 31, 2021, or when the
Copyright © 2026. Counting Pennies. The Value of Counting Pennies.