by Betro and Company, PC | Apr 10, 2021 | Uncategorized
If you are married, most likely you’ve always filed a joint tax return with your spouse. Most of the time, a joint return shows less overall tax than two separate tax returns, because the married- filing-separately status has many tax disadvantages. But fast-forward...
by Betro and Company, PC | Apr 10, 2021 | Uncategorized
If you are self-employed or operate as a corporation, and you can’t get individual health insurance coverage through your spouse (or through Medicare), you can always obtain it through the premium tax credit (PTC) which comes from the Affordable Care Act. You simply...
by Betro and Company, PC | Apr 10, 2021 | Uncategorized
For tax year 2021, Congress is giving away billions of dollars in additional tax credits on your Form 1040 individual tax return. These temporarily expanded tax credits include the child tax credit, the dependent care credit, and the health insurance premium tax...
by Betro and Company, PC | Apr 9, 2021 | Uncategorized
With the Consolidated Appropriations Act, 2021, millions of small-business owners like you now qualify for the employee retention credit (ERC) thanks to three big changes: You can now obtain the ERC and the Paycheck Protection Program loan, but not on the same...
by Betro and Company, PC | Apr 8, 2021 | Uncategorized
You likely already know that the employee retention credit (ERC) is a good deal—if you qualify. Now, thanks to the recently enacted American Rescue Plan Act of 2021 (ARPA), you can qualify for up to $100,000 of ERC in the third and fourth quarters of 2021 if...
