Navigating income tax doesn’t have to be confusing. Learn how tax brackets, AGI/MAGI, standard vs. itemized deductions, and credits work so you can lower taxable income and collaborate confidently with your tax professional.
income tax
January 2022 Business Due Dates – Corporate Tax Return Prep
If you are an employer that deferred paying the employer share of social security tax or the railroad retirement tax equivalent in 2020, pay 50% of the deferred amount of the employer share of social security tax by January 3, 2022
Higher Income Individuals Beware
The House Ways and Means Committee has released an extensive list of proposed tax changes that impact individual, retirement, international and corporate tax law. We have been selective and have only included a portion of the proposed changes. A full list of proposed changes is available from the PDF file titled Responsibly Funding Our Priorities.