Work Opportunity Tax Credit Extended Through 2025
Are you a business owner thinking about hiring new employees? If so, you should be aware that a recent law extended a credit for hiring individuals from one or more targeted groups. Employers can qualify for a tax credit known as the Work Opportunity Tax Credit (WOTC) worth as much as $2,400 for each eligible […]
Didn’t Contribute to an IRA Last Year? There Still May Be Time
If you’re getting ready to file your 2020 tax return, and your tax bill is higher than you’d like, there might still be an opportunity to lower it. If you qualify, you can make a deductible contribution to a traditional IRA up until the April 15, 2021 filing date and benefit from the tax savings […]