The IRS released the federal marginal tax rates and income brackets for 2021 on Monday. The seven tax rates remain unchanged, while the income limits have been adjusted for inflation. The 2021 tax brackets affect the taxes that will be…
When we announced a week ago that we would be running a short series on 2020 Last-Minute Year-End General Business Income Tax Deductions we had no idea the amount of interest it would spark. Please allow us to present the…
The weekend is here, but that won’t stop of from posting our last minute tax tips for 2020. Here is Tip #6. Thank COVID-19. Let’s be real: there’s little to be grateful for with COVID-19, but one of the several…