How Virtual Currency Transactions Affect Your Tax Situation
Virtual currencies, also known as cryptocurrencies, have gone mainstream. For example, you can use...
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Personal Tax (11)
Trader Status Offers Significant Tax Benefits
In January 2021, online day traders trapped institutional short sellers in a short squeeze by...
EIC: New Law Makes Major Changes
The earned income credit (EIC) has been around for years. But it’s never been worth as much as it...
Big Changes to the Child Credit for 2021
The American Rescue Plan Act (ARPA) significantly liberalizes the rules for the federal child tax...
COVID-19 Relief: Overview of the New American Rescue Plan Act
The American Rescue Plan Act (ARPA) was signed into law on March 12, 2021. The new law will provide...
4 Important Changes on Your 2020 Tax Return
Tax season has started. Your SSB tax professional is ready to prepare your 2020 federal and state...
Self-Employed May Be Eligible for COVID-Related Tax Breaks for 2020
If you’re self-employed as a sole proprietor, partner or limited liability company (LLC) member,...
When Should You Take Social Security Benefits?
If you’re nearing retirement, you’ve likely paid into the Social Security system your entire...
How Can Business Owners Lower Last Year’s Tax Bill?
Good news! Business taxpayers may still be able to take actions to lower their federal income tax...
Last-Minute Tips for Your 2020 Personal Return
Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam...