How to Create a Realistic Budget
A budget is one of the most important financial tools in your arsenal, but budgeting isn’t one size fits all. In order to be successful, your budget should reflect your …
Read MoreExpense
Businesses Can Temporarily Deduct 100% of Food or Beverage Expenses
WASHINGTON, D.C — The Treasury Department and the Internal Revenue Service recently issued Notice 2021-25 providing guidance under the Taxpayer Certainty and Disaster Relief Act of 2020.
Read More
Educators Can Now Deduct Out-of-Pocket Expenses for COVID-19 Protective Items: IRS
WASHINGTON, D.C. — Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom, announced the Internal Revenue Service. COVID-19 protective items …
Read More
Employers Can Withhold, Make Payments of Deferred Social Security Taxes From 2020
WASHINGTON, D.C. — The Internal Revenue Service this week released Notice 2021-11 addressing how employers who elected to defer certain employees’ taxes can withhold and pay the deferred taxes throughout …
Read More