by Lawhorn Team Professional | Jul 12, 2021 | Advice, Business Practices, Financial Planning, Miscellaneous, Tax
According to the Internal Revenue Service, more than 74 million tax returns were filed with the help of a tax professional in 2020. Having a tax accountant help you file your taxes is a great and stress-free way to make sure everything is filed correctly. Your tax...
by Lawhorn Team Professional | Jun 18, 2021 | Advice, Financial Planning, Tax
In March 2021, the American Rescue Plan Act expanded the Child Tax Credit (CTC), providing larger payments and a provision for advance payments on the CTC that will start in July. This tax return advance is intended to support families still struggling with financial...
by Lawhorn Team Professional | Jun 11, 2021 | Advice, Financial Planning, Tax
There’s a lot that we already know about President Biden’s American Families Plan (AFP). With an estimated budget of $1.8 trillion, this infrastructure proposal would raise the top income tax rate to 39.6 percent and...
by Lawhorn Team Professional | May 6, 2021 | Financial Planning, Tax
On April 28,2021, President Joe Biden announced a proposal to support Americans in childcare, family leave, education, etc. This $1.8 trillion American Families Plan includes several tax provisions that range from tax increases for some taxpayers to tax cuts for...
by Lawhorn Team Professional | Apr 15, 2021 | Advice, Business Practices, Financial Planning
When you become a small business owner, you have to learn how to do a lot of things that you have never done before, such as managing staff, finances, and shipments. To successfully manage your finances, you must be able to create and maintain a small business budget....
