CPA Blog

Changes To The Child Tax Credit For 2021

Changes To The Child Tax Credit For 2021 Before President Biden signed the American Rescue Plan Act of 2021, the child tax credit was $2,000 for each qualifying child under the age of 17, with a maximum of $1,400 per child being allowed to be refunded based on AGI...

CPA Blog

EIDL Update: How To Request EIDL Increase

EIDL Update: How To Request EIDL Increase The SBA has increased the availability of funds for the Economic Injury Disaster Loan up to $500,000 which is an increase from the $150,000 previous maximum funds available. The SBA will be sending emails to let previous EIDL...

CPA Blog

Refunds for Unemployment Exclusion & IRA Contribution Due Date

Refunds for Unemployment Exclusion & IRA Contribution Due Date IRS Refunds for Unemployment Exclusion On March 31, 2021, the IRS announced that it will begin sending refunds to taxpayers who received unemployment benefits and are eligible for the exclusion...

CPA Blog

Using A Portal For Document Exchange

Using A Portal For Document Exchange Throughout the year, and especially at this time of year, tax preparers are exchanging documents with clients on a daily basis which is why it is vital to keep such document exchanges secure. Most of these documents include very...

CPA Blog

The Alchemy of Stress

The Alchemy of Stress As accountants and moms, we are all under a good deal of stress these days. Whether it’s due to work deadlines, health concerns, children’s schedules or a host of many other reasons, stress seems to be a daily companion for a lot of us. Right...

CPA Blog

One of the Best Time Saving Strategies

One of the Best Time Saving Strategies Doesn’t it seem like time is flying by when you look at your children and how fast they’re growing? But then it seems like time is slowly dragging when you’re working and you just want to get everything done. The most valuable...