172: It’s Tax Season! Key Tax Updates CPAs Need to Know

Get a rundown on the tax issues impacting businesses and individuals this year as compared to last year. Topics include the business interest expense limitation; research and experimental expenditures; pandemic relief program updates; business mileage rates; bonus depreciation; new corporate AMT; child tax credit and child/dependent care credit; Earned Income Tax Credit; charitable deductions; educator expense deduction; and more.

Resources:

• IRS Tax Practitioners Hotline: 866-860-4259
• New Jersey Tax Practitioners Hotline: 609-633-6657
• Tax Knowledge Hub
• Join the Federal Taxation and/or State Taxation interest groups