When it comes to tax and technology, our understanding of the implementation often ends at, “My clients upload their data to the cloud.” But there’s
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What You Need To Know About The 2021 Child Tax Credit
There are important tax changes coming this summer for families. Specifically, the child tax credit will enable families to get advanced payments. This is a
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Marriage, Money & Family Law: Tax Planning Following A Divorce
From Bill and Melinda Gates to Ben Affleck and J-Lo, we love the gossip surrounding celebrity weddings, almost weddings, and divorces. But often, the real-life
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How Family Wealth Planning is Evolving to Benefit Every American Family
All too often, wealth planners focus only on the dollars. From annual monetary gifts to conditional clauses in inheritance documents, the subject of family wealth
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How Virtual Tax Prep Can Be A Better Experience For Tax Pros and Taxpayers
Many tax accounting firms were busy in 2020 despite the challenges of the pandemic, but not all of them experienced record-breaking positive growth. By staying
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How To Utilize The Foreign Earned Income Exclusion
Over 9 million Americans live outside of the United States. Sometimes, living outside of the United States can be advantageous on your taxes. Under the
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Nanny Taxes: What To Know About Being A Household Employer
Even before Covid, many families already used nannies to help take care of their children and elderly relatives. Whether it’s the potential savings, uncertainty about
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Combatting Economic Inequality
During Covid, those at the top continued to make money while those at the bottom struggled. That’s especially true among minority households with the average
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How To Shrink The $1.4 Trillion Tax Gap
The IRS estimates that around 85% of taxes are paid voluntarily and on time. But the tax gap, the difference between the taxes paid on
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Working From Home Tax Issues: How Covid Complicates Tax Filing
The coronavirus pandemic has impacted everyone in different ways. While it has been difficult over the last year, filing your taxes could prove to be
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