Betro and Company, PC: Accounting Services
  • Bio
  • Accounting & Taxes
  • Advisory
  • Support
  • News
  • Location & Contact
Select Page

2021 Last-Minute Year-End General Business Income Tax Deductions

by Betro and Company, PC | Nov 1, 2021 | 2021 Last-Minute Year-End Tax Strategies, Uncategorized

Your goal should be to get the IRS to owe you money. Of course, the IRS is not likely to cut you a check for this money (although in the right circumstances, that will happen), but you’ll realize the cash when you pay less in taxes. Here are six powerful business...

ARPA Liberalizes the Earned Income Tax Credit Rules

by Betro and Company, PC | Apr 10, 2021 | Uncategorized

The earned income tax credit (EITC) has been around for years. But for some folks, it’s never been worth as much as it will be for 2021. That’s thanks to liberalizations included in the new American Rescue Plan Act (ARPA). Some of the favorable changes are only for...

ARPA Adds Dollars to the Child and Dependent Care Tax Credit

by Betro and Company, PC | Apr 10, 2021 | Uncategorized

The new American Rescue Plan Act (ARPA) makes major, but temporary, changes to the federal income tax child and dependent care credit (CDCC). Except for when it comes to high-income taxpayers, the changes are all favorable. To understand the changes, let’s first...

ARPA Adds Cash to the Child Tax Credit (2021 Only)

by Betro and Company, PC | Apr 10, 2021 | Uncategorized

For the 2021 tax year only, the new American Rescue Plan Act (ARPA) makes big, taxpayer-friendly changes to the federal income tax child tax credit (CTC). Here’s what you need to know, starting with some necessary background information. CTC Basics For 2018-2020 and...

Wow! Married, Filing Separately, May Be the Tax Year 2020 Strategy

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...

ARPA Ends Dreaded Cliff for Health Insurance Premium Tax Credit

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...
« Older Entries
Next Entries »

Recent News

  • 2021 Last Minute Tax Tips on Buying a Vehicle
  • 2021 Last Minute Retirement Tips
  • 2021 Last-Minute Year-End Medical Plan Strategies
  • 2021 Last-Minute Year-End Tax Strategies for Marriage, Kids, and Family
  • 2021 Last-Minute Year-End Tax Strategies for Your Stock Portfolio

Betro and Company, P.C.
30 Mechanic Street
Suite 3
Foxboro, MA 02035

 

Phone: (508) 698-3600
Fax: (508) 698-3601

Email: scoffin@betro.com

Foxboro Office Hours
Monday–Friday
8:30 a.m.–5:00 p.m.

Cataumet Office Hours
Monday, Wednesday, Friday
8:30 a.m.–5:00 p.m.
Or by Appointment

  • Bio
  • Accounting & Taxes
  • Advisory
  • Support
  • News
  • Location & Contact
© 2019 Betro and Company, P.C.