Tax Law Changes Impacting 2021 Tax Returns
Mark A. Luscombe, J.D., LL.M., CPA - Principal Tax Analyst for Wolters Kluwer Tax & Accounting, takes a look at the recent tax legislation changes that are affecting this year’s tax returns, including:
- Child Tax Credit and Advance Payments
- Economic Impact Payments and Recovery Rebate Credit
- Child and Dependent Care Credit
- Earned Income Tax Credit
- Premium Tax Credit
- Charitable Contribution Deductions
- Business Meals Deduction
- Cryptocurrency
- State and Local Tax Deduction Cap
#TaxSeasonReadiness