Providing personalized tax, accounting and consulting services to Evergreen, Conifer and the greater metro area since 1992

Looking ahead to 2022: The annual ceilings on maximum contributions to HSAs will go up in 2022

Maximum allowable contributions to your Health Savings Account will go up to $3,650 for account owners with self-only coverage and to $7,300 for those with family coverage. People born before 1968 can put an extra $1,000 next year.  Read full post...

Advance child tax credit payments

From July 15 through December 2021, Treasury and the IRS will advance one half of the estimated 2021 child tax credit in monthly payments to eligible taxpayers.  Read full post...

Expanded Child Tax Credit for 2021. Advance Payments Begin in July.

The American Rescue Plan (ARP) made several notable but temporary changes to the child tax credit, including:
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