American Rescue Plan Act – The Burns Firm – Advisors of Complex Financial Matters

How the American Rescue Plan Affects 2021 Taxes

July 1st, 2021|Categories: American Rescue Plan, American Rescue Plan Act, Burns Firm, Tax|Tags: American Rescue Plan, can and FSA be set up for dependent care, child and dependent care credit 2021, childless EITC for 2021, CPA Dallas, cpa near me, Dallas CPA, dependent care FSA, expanded child tax credit for 2021, How does the American Rescue Plan Affects 2021 Taxes, tax, tax credits, Tax planning, tax preparation and the American Rescue Plan, tax preparer near me, tax preparer The Burns Firm|

Information provided by IRS.gov This is the first of two tax tips providing an overview of how the American Rescue Plan may affect some individual’s 2021 taxes. Child and dependent [...]

Many Parents Will Receive Advance Tax Credit Payments Beginning July 15

June 8th, 2021|Categories: Accounting, American Rescue Plan, American Rescue Plan Act, Burns Firm, Child Tax Credit, Covid-19, CPA Dallas, Dallas CPA, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: advance payment due date, advance tax credit payment, can I claim a child on my tax return, child tax credit, child tax credit and my tax return, child tax credit on my tax return, claiming children on tax return, CPA Dallas, Dallas CPA, do I qualify for advance payment for my child, how will I get my advance payment, tax accountant near me, tax preparer near me, tax return, The Burns Firm, what is a qualifying child, when will I get my advance payment for child tax credit, who can prepare my personal tax return|

Eligible parents will soon begin receiving payments from the federal government. The IRS announced that the 2021 advance child tax credit (CTC) payments, which were created in the American Rescue [...]

New Law: Parents and Other Eligible Americans to Receive Direct Payments

March 18th, 2021|Categories: Accounting, American Rescue Plan Act, Burns Firm, Child Tax Credit, Services, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Return|Tags: child tax credit, CPA Dallas, Dallas CPA, do I qualify for the American Rescue Plan Act, tax preparation, tax preparer near me, tax return preparation, tax return preparer near me, what credits can i get on my tax return, what is the American rescue plan act|

The American Rescue Plan Act, signed into law on March 11, provides a variety of tax and financial relief to help mitigate the effects of the COVID-19 pandemic. Among the [...]

COVID-19 Relief: Overview of the New American Rescue Plan Act

March 18th, 2021|Categories: American Rescue Plan Act, Covid-19, COVID-Related Tax Relief Act (COVIDTRA), IRS, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation|Tags: Covid-19 tax relief, CPA Dallas, Dallas CPA, do I qualify for the American Rescue Plan Act, tax, tax credits, Tax cuts, tax preparer, tax preparer near me, tax return preparation for tax year 2020, The Burns Firm, what is the American rescue plan act|

The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021. The new law will provide roughly $1.9 trillion in much-needed financial relief to individuals, businesses, not-for-profit organizations, [...]