Did You Work From Home in 2021? If So, You May Be Entitled To a City Refund at Tax Time.
If you worked from home in 2021, it is possible that you could file a city refund claim come tax time. The State of Ohio has changed a rule that might affect employees who worked from home but lived in a different city than their office’s location. Every situation is...
IRS Extends Tax Changes That Help Individuals and Businesses Give to Charity in 2021
In 2020 lawmakers put in place several provisions that allowed for additional tax benefits for individuals and businesses making charitable donations. As in 2020, the following tax benefits are in place: • Taxpayers who do not itemize can claim a deduction of up to...
Reminder: 2020 Extension Tax Filing Deadlines are Quickly Approaching
Just a friendly reminder that extended 2020 Corporate and Partnership tax returns are due next week. Extended personal returns are due next month. We look forward to the opportunity to help all of our extended clients file their returns on time. In order to achieve...
Reminder: Child & Dependent Care Credit Has Increased for 2021 Only
The American Rescue Plan offers some great tax benefits for working parents with young children. Not only has the plan increased the amount of the credit and eligible expenses for child and dependent care, but it also has modified the credit’s phase-out for...