Common Tax Scams and Tips to Help Taxpayers Avoid Them
In recent years, tax schemes and scams have been on the rise. Con artists work year-round which means taxpayers must remain vigilant to avoid being victimized. [...]
Can Congress Tax the “Wealth” by Deeming it Income?
Reference to "Can Congress Tax the “Wealth” of Charles and Kathleen Moore by Deeming it Income? A challenge to a 2017 law could shut the door [...]
PPP2 Loan Forgiveness Portal
After the confusion of the first Paycheck Protection Program (PPP) Loan Forgiveness process, there is hope! The Small Business Administration (SBA) announced a new portal for [...]
Indiana Surplus Refund
Hoosiers will see a total refund worth $545.3M when they file their 2021 state tax returns [...]
Clean Energy for America Act (CEAA) – Tax Reform
The Joint Committee on Taxation released on June 17, 2021, its Technical Explanation of the Clean [...]
Advanced Child Tax Credit Payments to Begin July 15, 2021
The American Rescue Plan (“ARPA”) raised the maximum child tax credit in 2021 to $3,600 for each [...]
Kentucky Eliminates Composite Returns for Nonresident Individuals
For tax years beginning on or after January 1, 2022, a pass-through entity will no longer [...]
Governor DeWine Signs Tax Conformity Legislation Bill, Reduces Nonresident Withholding Rates
On March 31, 2021, Governor Mike DeWine signed Senate Bill 18 into law. The bill was [...]
Kentucky Eliminates Composite Returns for Nonresident Individuals
For tax years beginning on or after January 1, 2022, a pass-through entity will no longer [...]
Governor DeWine Signs Tax Conformity Legislation Bill, Reduces Nonresident Withholding Rates
On March 31, 2021, Governor Mike DeWine signed Senate Bill 18 into law. The bill was [...]
American Rescue Plan of 2021 Enacted into Law Includes Numerous Tax Law Changes
On March 11, 2021, President Biden signed into law the $1.9 trillion American Rescue Plan Act [...]
Tax Deadline Extended for 2020 Individual Tax Returns
Federal The Treasury Department and the IRS announced on March 17, 2021, that individuals may file their 2020 tax [...]
California Legislature Considering Multiple Tax Bills
With the newly elected legislature sworn in last month, two highly controversial bills from the previously legislature [...]