by briesterer | Jun 4, 2021 | Financial Planning
How to Monetize Receivables When Payors Are Slow Many business owners encounter difficulties obtaining prompt payment from customers. Such situations can make it hard for a company to turn a profit or even keep up with its expenses. When things get really tough, you...
by briesterer | May 21, 2021 | Tax & Accounting
Nonprofits Need to Educate Donors About New Tax Benefits The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies several key tax provisions originally included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES...
by briesterer | May 21, 2021 | Tax & Accounting
The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks. Before the Consolidated Appropriations Act (CAA) was signed, these federal income tax breaks (often called...
by briesterer | May 7, 2021 | Tax & Accounting
Temporary Changes to the Child and Dependent Care Credit The American Rescue Plan Act (ARPA) includes major, but temporary, changes to the longstanding federal income tax child and dependent care credit. The changes are favorable for most taxpayers, except high-income...
by briesterer | May 7, 2021 | Tax & Accounting
Do you own a vacation home that’s classified as a rental property for tax purposes? Rental property owners may be tempted to use their rental properties for their personal “staycations” or as remote office locations during the COVID-19 pandemic. But this...
