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05-07-2021
IRS backlog of tax returns is growing ahead of filing deadline
The IRS is falling behind in processing millions of income tax returns, potentially delaying refunds for many Americans.
05-07-2021
That money you donated to a GoFundMe? It probably isn't tax deductible
Giving money to an online fundraiser to help those in need or to fund a creator's project on platforms like Kickstarter is not going to be tax deductible unless the money raised is going to an IRS-designated charitable organization known as a 501(c)(3).
05-06-2021
The Corporate Tax and American Sovereignty
Treasury Secretary Janet Yellen has a grand idea: a global tax regime. She envisions a minimum corporate tax standardized across the developed world and expanded authority for nations to tax multinational corporations.
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05-08-2021
Revised child tax credit 2021: See if you'll receive $500, $3,000 or $3,600 for each child
CNET's child tax credit calculator can quickly estimate the amount of money you'll get in total and each month.
05-07-2021
Pet tax deductions 2020: What you can and can’t deduct
In general, deducting pet expenses on your tax return can get you into hot water with the Internal Revenue Service (IRS).
05-07-2021
Startup employees should pay attention to Biden's capital gains tax plans
The Biden Administration has reportedly proposed significant changes to the capital gains tax, aiming to target the wealthiest Americans to help fund his historic aid programs. If the current proposal goes into effect, it will have an impact on startup employees who aren't (yet) wealthy.
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