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Tax Benefits You Should Know When Attending College

Tax Benefits You Should Know When Attending College

Are you a college student, a graduating student, or a parent of a freshman college student who’s looking for ways to take advantage of special tax breaks? The cost of attending college in the U.S. can sometimes be costly. According to the National Center for Education...
Ways to Apply for Your ITIN

Ways to Apply for Your ITIN

The Individual Taxpayer Identification Number or ITIN is a tax-processing number issued by the Internal Revenue Service (IRS) to ensure that people, especially undocumented immigrants, pay taxes regardless of their immigration status or lack of a Social Security...
Biden’s proposed Business Tax Changes

Biden’s proposed Business Tax Changes

Increases in Tax for Corporations: Z Increasing the corporate income tax rate from 21% to 28%. Z Creates a minimum tax on corporations with book profits of $100 million or higher. The minimum tax is structured as an alternative minimum tax—corporations will...
Biden’s proposed Individual Tax Changes

Biden’s proposed Individual Tax Changes

General Benefits for Individuals: Z Expanding the Affordable Care Act’s premium tax credit so that health coverage costs would be capped at 8.5% of a family’s income. Z Expands access to ABLE account for individuals with disabilities. Z Repeal of the...

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