If you are looking into getting an electric vehicle (EV) there are multiple opportunities for tax credits and savings. The credits can be confusing and overwhelming but listed below are the different credits and restrictions on them. Buying New Electric Vehicle If you...
Next month, the IRS will begin distributing the 2021 monthly advance payments for the enhanced Child Tax Credit (CTC) to eligible taxpayers. Due to the intricacies and unintended consequences that will potentially arise, some parents may want to consider opting out of...
With tax season in full swing you are probably starting to work on your personal return or getting ready to discuss your personal return with your CPA. One thing to keep in mind this year are tax credits; they’re real, they are valuable and you should take all...
