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Infrastructure bill tax provisions include ERC termination

  • November 6, 2021

The employee retention credit will be terminated early and broker reporting of cryptoasset transfers will be required as a result of legislation (H.R. 3684) that passed the House of Representatives late Friday and is headed to President Joe Biden's desk to be signed into law. Continue Reading

Advance child tax credits

  • October 1, 2021

In March 2021, the American Rescue Plan introduced important changes to the child tax credit. Here's how to help clients avoid surprises during the 2021 tax return preparation season. Continue Reading