Article Highlights:
American Rescue Plan Act
2021 Enhanced Child Tax Credit
Credit Phaseout
Advance Payments
TIGTA Report
Millions Entitled to But Did Not Receive the Credit
Credit Still Available to Those That Qualify
The…
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November 2022 Individual Due Dates
November 10 - Report Tips to Employee
If you are an employee who works for tips and received more than $20 in tips during October, you are required to report them to your employer on IRS Form 4070 no later…
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According to one recent study, about 27% of people in the United States between the ages of 55 and 67 years old have less than $10,000 saved for retirement. If you needed just one statistic to outline how important it is to plan ahead when you're…
https://www.islernw.com/wp-content/uploads/2022/10/Blog-header-image-if-you-want-to-maximize-your-social-security-income-you-need-to-start-planning-now-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-10-21 12:00:572022-11-08 16:26:33If You Want to Maximize Your Social Security Income, You Need to Start Planning Now
Article Highlights:
Contractor Developer Credit
Retroactive Extension to 2022
Increased Credit 2023 through 2032
Prevailing Wage Requirements
Qualifications
Qualifying Residential Projects
Non-Refundable Credit
Basis…
https://www.islernw.com/wp-content/uploads/2022/10/Blog-header-image-increased-tax-credits-for-home-builders-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-10-20 12:00:142022-10-18 18:31:24Increased Tax Credits for Home Builders
Article Highlights:
Medical Savings Account
Retirement Account
High-Deductible Plan
Eligible Individuals
Monetary Qualification for an HSA
Qualification Chart
Maximum Contributions
Establishing an HSA
The Health…
https://www.islernw.com/wp-content/uploads/2022/10/Blog-header-image-tax-needs-filled-by-health-savings-accounts-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-10-19 12:00:132022-10-18 18:31:41Multiple Tax Needs Filled By Health Savings Accounts
Article Highlights:
Itemized Versus Standard Deductions
Medical Expenses
Taxes
Charitable Contributions
If your tax deductions normally fall short of itemizing your deductions or even if you are able to itemize, but only…
https://www.islernw.com/wp-content/uploads/2022/10/Blog-header-image-bunching-your-deductions-can-provide-big-tax-benefits-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-10-18 12:00:362022-10-18 18:31:47Bunching Your Deductions Can Provide Big Tax Benefits
October 2022 Individual Due Dates
October 11 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during September, you are required to report them to your employer on IRS Form 4070 no later…
https://www.islernw.com/wp-content/uploads/2022/09/Blog-header-image-october-2022-important-due-dates-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-09-27 12:00:102022-10-18 17:39:50October 2022 Important Due Dates
If you had to make a list of some of the biggest issues that plague small business owners on a regular basis, cashflow problems would undoubtedly be right at the top.
Cash flow is about more than just the money coming into and going out of…
https://www.islernw.com/wp-content/uploads/2022/09/Blog-header-image-Best-Practices-for-Avoiding-Cash-Flow-Problems-With-Your-Business-A-Guide-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-09-23 12:00:482022-09-26 23:52:45Best Practices for Avoiding Cash Flow Problems With Your Business: A Guide
Article Highlights:
October 17, 2022 is the extended due date for 2021 federal 1040 returns.
Late-filing Penalty
Interest on Tax Due
Other October 17 deadlines
If you could not complete your 2021 tax return by April 18,…
https://www.islernw.com/wp-content/uploads/2022/09/Blog-header-image-October-extended-due-dates-just-around-the-corner-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-09-22 12:00:102022-09-26 23:52:50October Extended Due Date Just Around the Corner
Article Highlights:
Relief Amounts
Income Limitations
Dependents of Another
Pell Grant Recipients
Repayment Pause
Monthly Payment Reduction
Cancellation of Debt Income
On August 24, President Biden announced…
https://www.islernw.com/wp-content/uploads/2022/09/Blog-header-image-Will-you-benefit-from-bidens-student-loan-relief-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2022-09-19 12:00:082022-09-20 16:48:51Will You Benefit from Biden’s Student Loan Relief?
Are You Missing Out on the Increased Child Tax Credit?
Tax CreditsNovember 2022 Important Due Dates
Due DatesIf You Want to Maximize Your Social Security Income, You Need to Start Planning Now
Financial Planning, RetirementIncreased Tax Credits for Home Builders
Home Ownership, Tax CreditsMultiple Tax Needs Filled By Health Savings Accounts
Health Savings Accounts, Tax Tips, UncategorizedBunching Your Deductions Can Provide Big Tax Benefits
Deductions, Tax TipsOctober 2022 Important Due Dates
Due DatesBest Practices for Avoiding Cash Flow Problems With Your Business: A Guide
BusinessOctober Extended Due Date Just Around the Corner
2022 Due DatesWill You Benefit from Biden’s Student Loan Relief?
Student Loans