As the world continues to try and get back to a new normal almost everything remains uncertain from traveling plans to the increase n gasoline to getting a loaf of your favorite bread at the local grocery store. And if you are headed for a vacation some travel insurance companies [...]
The IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new schedules K-2 and K-3 to further ease the change to these new schedules. Those eligible for the relief will not have to file the new schedules for the tax year [...]
Good news for business in 2022. The International Franchise Association released its 2022 Franchising Economic Outlook showing that franchising is leading the economic recovery in the United States. The report highlights exceptional 2021 job and business growth across all franchising sectors, ranging personal services to lodging. The data indicates 2022 [...]
The Internal Revenue Service has updated frequently asked questions (FAQs) for the 2021 Recovery Rebate Credit. These FAQs (FS-2022-09 PDF) were updated: 2021 Recovery Rebate Credit — Topic A: General Information – Q3 2021 Recovery Rebate Credit — Topic D: Claiming the 2021 Recovery Rebate Credit – Q1, Q2, Q6 2021 Recovery Rebate Credit — Topic [...]
If you want to stay at the beast of the best when vacationing you might want to explore U.S. News & World Report's recent Best Hotels rankings, which evaluate more than 35,000 hotels and resorts across the USA, Europe, Canada, Mexico, Bermuda, and the Caribbean. While some global travel remains limited, these hotels continue to provide top-of-the-line amenities [...]
As the new year begins, the Internal Revenue Service reminds taxpayers to protect their personal and financial information throughout the year and watch out for IRS impersonation scams, along with other schemes, that try to trick people out of their hard-earned money. These schemes can involve text message scams, e-mail [...]
If 2021 was the year travelers dipped their toes in the water with smaller getaways and outdoors trips, 2022 is shaping up to be the year we return to travel in a big way. Despite new variant surges, data shows that the desire to travel remains stronger than ever. 71% [...]
More people without children now qualify for the Earned Income Tax Credit (EITC), the federal government's largest refundable tax credit for low- to moderate-income families. In addition, families can use pre-pandemic income levels to qualify if it results in a larger credit. The Internal Revenue Service and partners across the [...]
