September 2021

Hello & happy Fall 2021!

I just wanted to make sure that you are aware of continued Covid Tax relief items. Some are new for 2021, like the advanced Child Tax credit & some are merely continuing - like PPP loan forgiveness and employer payroll tax credits (link below).

In case you haven't noticed over the years, the federal government tends to move at a very slow pace. This is particularly true of the IRS, where speed is something that rarely, if ever happens. Unfortunately, this is very frustrating when it involves your tax refund.

The pandemic has wreaked havoc with many family’s finances. To help with this, the federal government has made it much easier for many parents to take advantage of the child tax credit and advance child tax credit.

When the COVD-19 pandemic hit, thousands of small businesses were shutting their doors, laying off workers, and wondering if they would ever open up again. However, once Congress passed the CARES Act, businesses could take out loans that would prop them up and survive the pandemic.