Everything There is to Know About the New Child Tax Credit
Category Archives: Blog
Everything There is to Know About the New Child Tax Credit
🖨 Print⏱ 3 min readThe Child Tax Credit as we know it originated during the Clinton administration, but the recently enacted American Rescue Plan created a new version. The updated version of this tax credit could have a beneficial impact … Continue reading
E-Invoicing Presents Opportunities for Businesses to Save
🖨 Print⏱ 4 min readInvoicing is an important process in any business. Unfortunately, it’s also a laborious process that requires accuracy. With technology advances, businesses have tried to use various means to ease the invoicing process. Some outfits send scanned … Continue reading
New Rules and Ways to Use HSAs/FSAs
🖨 Print⏱ 3 min readPeople who own a high-deductible health insurance plan may have the ability to open a health savings account (HSA). They can contribute pre-tax income to an HSA and invest the money for tax-free growth in a … Continue reading
3 Best Ways to Save for College
🖨 Print⏱ 4 min readWhat if you could save enough for your child to go to college debt-free? It might sound impossible, but with dedication, hard work, and careful planning, you can do just that. According to Dave Ramsey, American … Continue reading
How Companies Can Become More Nimble During the Product Lifecycle
🖨 Print⏱ 4 min readThe majority of U.S. industrial product company CFOs have shared concerns that COVID-19 would impact their businesses negatively. For companies that develop and manufacture products, understanding the product lifecycle and how to work around crises like … Continue reading
Economic Stimulus, Making the Post Office Solvent Again, Gun Control, Voting Rights and Restricting China’s Influence
🖨 Print⏱ 4 min readAmerican Rescue Plan Act of 2021 (HR 1319) – This $1.9 trillion relief bill provides stimulus money to address the continued impact of COVID-19. Provisions include issuing $1,400 checks to taxpayers, increasing the Child Tax Credit … Continue reading
Tax-Free Student Loan Forgiveness is Part of the Latest Covid-19 Relief Bill
🖨 Print⏱ 3 min readThe recently passed American Rescue Plan (ARP) Act of 2021 includes a provision making nearly all student loan forgiveness tax-free, at least temporarily. Before the ARP, student loan forgiveness was tax-free only under special programs. Before … Continue reading