minercpa.com RSS Feed http://minercpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break http://www.minercpa.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 http://www.minercpa.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 http://www.minercpa.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 http://www.minercpa.com/newsletter.php#5 Highlights of the American Rescue Plan Act http://www.minercpa.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 http://www.minercpa.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 http://www.minercpa.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 http://www.minercpa.com/newsletter.php#1 Economic Impact Payments: Round Three http://www.minercpa.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 http://www.minercpa.com/newsletter.php#3 Tax Breaks for Families With Children http://www.minercpa.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 http://www.minercpa.com/newsletter.php#3 Small Business Tax Roundup http://www.minercpa.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 http://www.minercpa.com/newsletter.php#4 Renting Out a Second Home http://www.minercpa.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 http://www.minercpa.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks http://www.minercpa.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 http://www.minercpa.com/newsletter.php#5 Avoiding an IRS Tax Audit http://www.minercpa.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 http://www.minercpa.com/newsletter.php#1