Latest CPA News

2021 child tax credit, EITC, and premium tax credit limits updated

April 27, 2021

IRS issues adjusted amounts for 2021 child tax credit, earned income tax credit, and premium tax credit.

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Journal of Accountancy Tax season preview

February 12, 2021

The pandemic’s effects persist, reflected on clients’ tax returns.

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IRS issues standard mileage rates for 2021

December 29, 2020

The Internal Revenue Service today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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