By Jaime R. Girgenti, Esq. and Frances E. Martinez, Esq., OLDER LUNDY ALVAREZ & KOCH On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021. Part of that $1.9 trillion dollar plan is a change to the IRS child tax credit, which could have an impact on divorced parents … Read more
By Chris Dhanraj, Managing Principal of Investments at CLA & Adam Bourk, Senior Wealth Advisor at CLA 2020 was the year of COVID. 2021 is likely the year of taxes. President Biden’s administration has passed, or proposed, three different spending programs approaching $2 trillion each, and on May 28 proposed a $6 trillion budget. The means … Read more
By Brian Leidel, CPA, CFP, PFS, shareholder with Kerkering, Barberio & Co. On the surface, establishing and operating a law firm seems like any other business: hang a shingle, perform services for clients, bill and collect, pay staff and overhead, and share profits among the owners. However, many important accounting and tax issues need to … Read more
By Chris Taylor, The Urie-Taylor Group, UBS Financial Services About a year ago, we were breaking the record for the longest-lasting economic expansion in U.S. history, with seemingly no end in sight. But all of this changed, in mere weeks, as the shutdown of the global economy turned record-low unemployment into record-high unemployment and threatened … Read more
