Highlights

•  Federal tax rate schedule.

•  Additional Medicare tax.

•  Standard deduction.

•  Child Tax Credit.

Highlights

•  Identity theft scams.

•  Fraudulent returns.

•  Identity Theft Affidavit.

•  Identity Protection PIN (IP PIN) Program.

Highlights

•  Fair market value guide.

•  Noncash donation tracker.

•  Tips for keeping track of donations.

•  Recordkeeping rules for charitable contributions.

Highlights

•  Who needs a will?

•  Dying without a will.

•  Property passing at death.

•  Probate assets and nonprobate assets.

Highlights

•  Gift tax rules and exclusion amounts.

•  Gifts subject to gift tax.

•  Tax implication of loan forgiveness.

•  Transfers for tuition or medical expenses.

USDA to Provide Approximately $6 Billion to Commodity and Specialty Crop Producers Impacted by 2020 and 2021 Natural Disasters

Highlights

•  Child Tax Credit

•  Advance payments

•  Non-filers tool

•  Repayment protection

Highlights

•  Sole proprietor.

•  Partnership.

•  S corporation.

•  C corporation.

Highlights

•  Tax problems caused by intermingle funds.

•  Court case summaries.

•  Personal use of corporate assets.

Highlights

•  Internal control procedures.

•  Business plans.

•  Use of budgets.

•  Start-up costs and capitalization.

Click the link below to see a brief summary of key tax provisions included in the American Rescue Plan Act of 2021, signed into law March 11, 2021, affecting 2021.