In many cases, the federal tax law’s existing provisions intended to ... because 2020 tax returns were due to be filed in 2021, so the three-year statute of limitations for claiming a refund ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

For 2021 filings, the standard deduction for individuals ... itemized deductions that have been disallowed under the tax reform law. Other disappearing miscellaneous deductions include fees ...

While monthly child tax credit payments have gotten more ... enhancements to the dependent care aspects of the 2021 credit. Under the law, employers could increase the maximum amount that could ...

Key Takeaways While Americans have become wealthier over the past two decades, a smaller percentage of households are paying the estate tax now versus in the past, research from Brookings ...

Winners of this year’s Canadian Lawyer’s Top 10 Tax Law Boutiques indicate 2020 will provide some additional challenges when figuring out taxes — especially how to deal with the inevitable losses that ...

There are rules of course, under federal tax law and the states ... Combined with the NOL suspension during 2020 to 2021, with the current pause on NOL deductions, only the taxable years 2022 ...