While receiving the monthly payments for the advance Child Tax Credit may seem like a helping hand, for some families, it might make the...

In August, the U.S. Department of Education announced that there will be a final extension of the pause on student loan repayment until...

The IRS launched two new online tools designed to help families manage and monitor their Child Tax Credit Payments. These two new tools are

The American Rescue Plan Act of 2021 (ARPA) was passed in March which modified and extended the Employee Retention Credit (ERC) from June...

There have been significant enhancements made to the child tax credit (CTC) by the American Rescue Plan Act of 2021 (ARPA).

Didn’t receive the Economic Impact Payments or received payments less than the full amount? You could qualify for the Recovery Rebate Credit

If new tax law is passed, it is a real possibility that these changes could be made retroactive to January 1, 2021.

On Monday December 21, 2020, the House of Representatives and Senate approved the COVID-Related Tax Relief Act of 2020 (COVIDTRA). This act

There are two recently enacted laws which effect required minimum distributions (RMDs) from traditional IRAs, 401(k)s, and ...

Close to 14 million individual taxpayers who filed their 2019 Federal income tax returns on time and received a refund will or...

Possibly due to the Marketplace Facilitators Tax Law. Third-party sellers on websites such as Amazon, Etsy, Walmart, UberEATS, Shopify, etc.

Small businesses and nonprofits may apply for grants of up to $20,000, and awardees will be announced no later than September 30th.

As a business owner, hiring your children has always been a great tax planning strategy. However, with the passing of the Tax Cuts and Jobs

Beginning Monday, March 23rd, we have established the following BKC office guidelines until further notice:

New for 2020, employers will no longer have the obligation assessment portion with the tax rates.

Would you like to pay 0% federal income tax on your income and utilize one of the “loopholes” you hear about in the lengthy tax

Cryptocurrency is rapidly growing with popularity around the globe. Make sure you are taking into account the tax implications.

Year-end is quickly approaching, and now is a great time to do some tax planning. Here are a few ways to be prepared.

The housing market is hot right now, that is if you’re on the selling end. Home prices are at record highs, home builders can’t keep up...

Despite ending April with a snow storm, summer is quickly approaching. For some taxpayers, that means finding summer camps to keep their...