Phyllis Jo Kubey, a solo practitioner based in New York City, and Ryan L. Losi, executive vice president at PIASCIK, discuss the 2021 tax season and the unique challenges posed by the COVID-19 pandemic
Families paying the steep costs of higher education may be looking for any break they can get. Enter the American opportunity tax credit. This tax credit, which is designated for taxpayers who pay qualified tuition and related expenses, can reduce taxable income and even create a tax refund.
Democratic presidential candidates Elizabeth Warren and Bernie Sanders have unveiled ambitious plans to fund universal health care and other programs by hiking taxes on the wealthiest Americans.