New Law Includes Favorable Changes for Individuals
The massive COVID-19 relief bill signed by President Trump on December 27, 2020, contains a variety of tax breaks and authorizes direct payments to eligible individuals (see right-hand box). The law is titled the Consolidated Appropriations Act of 2021 (CAA) but… Read more »
Read Full Newsletter »Charitable Gifts, College Tuition Deduction, Educator Expense Deductions, Forgiven Mortgage Debt, New FSA Rules, Tax Credits