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The COVID-19 Pandemic Drove A Huge, But Temporary, Increase in Households That Did Not Pay Federal Income Tax

TweetShareSharePin0 Shares The COVID-19 pandemic and the policy response to it led to an extraordinary increase in the number of American households that owed no federal individual income tax in 2020. The Tax Policy Center estimates that last year more than 107 million households, or nearly 61 percent, owed no income tax or even received

Computer Program Enables Investors to Analyze Property

TweetShareSharePin0 SharesComputer Program Enables Investors to Analyze Property The flourishing real estate market has resulted in a significant increase in first-time real estate investors. With limited experience in real estate, it can be a risky move to buy property without knowing for certain what the return on the initial investment would be. Thousands of investors

Due Diligence 101 Or What You Do Not Know Can Kill You!

TweetShareSharePin0 SharesDue Diligence 101 Or What You Do Not Know Can Kill You! Introduction: This article is written as a general discussion on the subject of “Due Diligence”. It is for informational purposes and not intended to be a definitive guideline for your exact situation. You should consult the appropriate professionals with regard to your

Wyden 199A Pass-through Deduction Proposal: Analysis

TweetShareSharePin0 Shares Senator Ron Wyden (D-OR) recently introduced the Small Business Tax Fairness Act—the impact of which we modeled—to reform the Section 199A pass-through business deduction created in the Tax Cuts and Jobs Act (TCJA) of 2017. The provision currently allows taxpayers to deduct up to 20 percent of their qualified business income from their

US International Tax Reform Options

TweetShareSharePin0 Shares As lawmakers in Congress consider ways to change tax rules, a recent Tax Foundation study shows the effects of four options to overhaul the United States’ international tax regime. These options include changes to policies such as the corporate tax rate, Global Intangible Low-Taxed Income (GILTI), Foreign Derived Intangible Income (FDII), Qualified Business

Tips on Online Bookkeeping Services

TweetShareSharePin0 SharesTips on Online Bookkeeping Services Over 40% of America’s largest businesses improve their profitability using outside service providers for their bookkeeping and financial functions. Due to technological advances, this same alternative is now available to small businesses. Firms using the Analytix solution are discovering that moving part or all of their bookkeeping and accounting

The New Marketing Revolution

TweetShareSharePin0 SharesThe New Marketing Revolution Let’s take a quick stroll through the world of marketing to see what it was, what it became and what it now is… Era 1 – newspaper, magazines, radio broadcasts, direct mail, telemarketing, cold calling, television, infomercials… Era 2 – websites, banner ads, reciprocal links, ezine publishing, search engine optimization,

American Rescue Plan Expanded Premium Tax Credit

TweetShareSharePin0 Shares August 15th was the deadline to take advantage of the premium tax credits (PTC) originally provided in the Affordable Care Act (ACA) and recently expanded in the American Rescue Plan Act (ARPA). Future extensions may provide longer-lasting benefits, although the extensions may create trade-offs for consumer choice and program costs. The ACA provided

Will The House Pass A Budget Next Week?

TweetShareSharePin0 Shares Democratic sparring continues over the budget.  Looking to balance demands of moderates and progressives, House Speaker Nancy Pelosi says she may ask the House to consider both the Senate-passed infrastructure bill and a $3.5 trillion budget resolution as soon as next week. She took the step after nine moderate Democrats said they would
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