Plan Ahead for the 3.8% Net Investment Income Tax
High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are some steps you may be able to take […]
High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are some steps you may be able to take […]
Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several reports. And reductions in working hours during […]
In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted […]
The housing market in many parts of the country is strong this spring. If you’re buying or selling a home, you should know how to determine your […]
When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing separately, head of household or qualifying […]
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2021. The IRS […]
The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return […]
The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the credit […]
If you have a life insurance policy, you may want to ensure that the benefits your family will receive after your death won’t be included in your estate. That […]
April 15 is the deadline for the first quarterly estimated tax payment for 2021, if you’re required to make one.