As a part of the 2022 PA budget, a brand-new childcare tax credit has become available to Pennsylvanian families. It is modeled after the Federal Child and Dependent Care credit, so if you qualify for the federal program, you will likely qualify for the state credit as well. Key Points: Tax Credit Amounts: All communication […]
Earlier this year, Congress passed several aid packages because of the pandemic. Listed below are the highlights that you should be aware of before year-end. Pandemic Unemployment Assistance (PUA) and regular Unemployment Compensation (UC) Both assistance programs are TAXABLE as ordinary income at the Federal level. If you did not have federal taxes withheld or […]