by ABIP | Jan 7, 2022 | Fraud, Individuals, News, Newsletter
There’s never an off-season when it comes to scammers and thieves who want to trick people into scamming them out of money, stealing their personal information, or talking them into engaging in questionable behavior with their taxes. While scam attempts...
by ABIP | Jan 6, 2022 | Business, Individuals, News, Newsletter, Taxes
Every year, it’s a sure bet that there will be changes to current tax law, and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead....
by ABIP | Dec 6, 2021 | Business, COVID-19, Individuals, News, Newsletter, Taxes
Tax Credit for Hiring Long-Term Unemployed Workers With many businesses facing a tight job market, employers should know about a valuable tax credit available to them for hiring long-term unemployment recipients and other groups of workers facing significant barriers...
by ABIP | Dec 3, 2021 | Business, COVID-19, Individuals, News, Newsletter, Taxes
Highlights of the Infrastructure Investment and Jobs Act While the recently passed Infrastructure Investment and Jobs Act primarily addresses infrastructure-related issues, it includes several tax provisions affecting individuals and small business taxpayers....
by ABIP | Dec 1, 2021 | Accounting, Individuals, News, Newsletter, Real Estate, Taxes
Individual Taxpayers: The Year in Review As we close out the year and get ready for tax season, here’s what individuals and families need to know about tax provisions for 2021. Personal Exemptions Personal exemptions are eliminated for tax years 2018 through...
by ABIP | Nov 2, 2021 | Individuals, News, Newsletter, Taxes
Shared Custody and Advance Child Tax Credit Payments Parents who share custody of their children may be confused about how the advance child tax credit payments are distributed. As such, the first step is to remember that these are advance payments of a tax credit...