The American Rescue Plan Act (ARPA)
Here are some of the key ARPA provisions that will affect federal income taxes for some people in 2020 and 2021. Key Changes for Individuals READ MORE
U.S. GAAP Accounting for PPP Loans
By: Daniel Harris As of and for the year ended December 31, 2020 there will be diversity in practice as it relates to the accounting READ MORE
What Employers Should Know About the COVID Vaccine
BY KATIE HALL, REYNOLDS + ROWELLA The COVID-19 vaccine is providing many employers with the hope that things may soon return to normal—or as normal READ MORE
Five tips to lower your tax liability
The 2021 tax filing season is here! When preparing your 2020 taxes returns, consider these last-minute ideas to lower last year’s federal income tax liability. READ MORE
Are You Taking Advantage of Valuable Tax Credits?
Tax credits are a powerful way to lower your federal income tax bill. It’s important to differentiate between tax credits and tax deductions. A credit READ MORE
Virtual Currencies & US tax and financial account reporting
By: Christopher Galakoutis, Reynolds + Rowella In 2014, the Internal Revenue Service (IRS) issued initial guidance on cryptocurrencies with Notice 2014-21. Particularly how taxpayers who READ MORE
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