Important Divorce Tax Information In The American Rescue Plan Act Blog 03/16/2021 Child Tax Credit Increases the child tax credit amount for 2021 only, to $3,600 for children under 6, and to $3,000 for ... Read More
FVS InsightsMarch 2021 March 2021 Forensic & Valuation Insight Newsletter 03/10/2021 Message from President Josh Shilts Please see below for a message from Shilts CPA, PLLC President, Josh Shilts, regardin... Read More
Tax InsightsMarch 2021 March 2021 Tax & Accounting Insight Newsletter 03/03/2021 Message from President Josh Shilts Last month we introduced you to our new Shilts CPA Firm Portal exclusively for our Sh... Read More
There’s Still Time to Make an IRA Contribution for 2020 Blog 03/02/2021 If you haven’t contributed funds to an Individual Retirement Account (IRA) for tax year 2020, or if you’ve p... Read More
Scam Alert: Unemployment Benefits Identity Theft Blog 03/02/2021 During 2020, millions of taxpayers were impacted by the COVID-19 pandemic through job loss or reduced work hours. Some t... Read More
Claiming the Credit for Other Dependents Blog 03/02/2021 Taxpayers with dependents who don’t qualify for the child tax credit may be able to claim the credit for other dep... Read More
Special Tax Rules for Children With Investment Income Blog 03/02/2021 Special tax rules may apply to some children who receive investment income. The rules may affect the amount of tax and h... Read More
Tax Credits for Electric Vehicles and Plug-in Hybrids Blog 03/02/2021 Tax credits are still available for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and lig... Read More
Capital Gains Tax on Sale of Stocks Blog 03/02/2021 Apps like Robinhood make it easy for everyone to play the stock market. If you’re a retail investor who made money... Read More
Small Business Tax Roundup Blog 03/02/2021 Tax changes due to recent legislation such as the Tax Cuts and Jobs Act and the CARES Act, affect both individual taxpay... Read More