Preview Mode Links will not work in preview mode

Accounting and Accountability

Dec 17, 2021

In this episode:

  • Reminder of Net Investment Income Tax impact and the potential expansion proposed in the Build Back Better Bill.
  • Child Tax Credit recipients need to look for Letter 6419 to turn in with their tax paperwork.
  • Those business owners that took advantage of the deferred Social Security tax need to pay half...


Dec 3, 2021

Updates:

The Build Back Better Bill is offering enhanced electric vehicle credits.

Large adjustments to the taxability of Social Security Benefits are being proposed.

IRS notices are being sent out regarding employer ID numbers (EINs) no longer being considered valid.

There is a proposal to cap Like Kind Exchanges or no...