Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

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Great News, Child Care Tax Credit Expanded for 2021

Great News, Child Care Tax Credit Expanded for 2021

Article Highlights: American Rescue Plan Expanded One-Year-Only Change Refundability Child Care Expenses Credit Percentage Maximum Credit Credit Phaseout Employer-Provided Dependent Care Assistance Great news if you are paying childcare expenses that enable you to work. As part of President Biden’s […]
Great News, Child Care Tax Credit Expanded for 2021

Great News, Child Care Tax Credit Expanded for 2021

Article Highlights: American Rescue Plan Expanded One-Year-Only Change Refundability Child Care Expenses Credit Percentage Maximum Credit Credit Phaseout Employer-Provided Dependent Care Assistance Great news if you are paying childcare expenses that enable you to work. As part of President Biden’s […]
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Big Increase in Child Tax Credit For 2021

Big Increase in Child Tax Credit For 2021

Article Highlights: Additional Credit Amounts Refundability High-Income Phaseout Advance Payments Reconciliation of Advance Payments with Credit Child’s Death Online Portal An increased child tax credit is part of President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate […]
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Are Your Unemployment Benefits Taxable?

Are Your Unemployment Benefits Taxable?

Article Highlights: CARES and COVID Tax Relief Acts Unemployment Benefits American Rescue Plan Tax-Exempt Portion of Unemployment Bogus Forms 1099-G Kiddie Tax and Unemployment States’ Taxation of Unemployment With the passage of the CARES Act stimulus package early in 2020, […]
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