Newsletters

Tax Alerts
January 22, 2021

The IRS has released the annual inflation adjustments for 2021 for the income tax rate tables, and for over 50 other tax provisions. The IRS makes these cost-of-living adjustments (COLAs) each year to reflect inflation.


The IRS has released the 2021 cost-of-living adjustments (COLAs) for pension plan dollar limitations and other retirement-related provisions.


So, Rita's an EA... just what does that do for me? You can be assured Rita and other EA’s have your best interest ahead of personal gain. The Enrolled Agent license was created by Act of Congress due to fraudulent claims for property seized by the Government during The Civil War. EA’s, Attorneys and others representing claimants could fairly settle these claims for seized property. Today over 40,000 EAs nationwide provide tax preparation, representation, tax planning, and other financial services to millions of individual and business taxpayers. EAs adhere to a code of ethics and professional conduct and are required by IRS to take continuing professional education.


The "Nanny Tax" applies to employers of household employees, including but not limited to nannies. If you employ a nanny, home health care worker, or other household employee, read about your tax implications.


Rita Lewis will highlight issues that have been of concern to her clients.  Rita's Blog:  2020 Update on tax laws...