Search Results for "fica"


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Tax Features of the American Rescue Plan Act of 2021

Today, the House of Representatives voted to accept the Senate’s revisions to the American Rescue Plan Act of 2021 (ARPA), thus sending the bill to President Biden for him to sign into law, which he has indicated that he will do on Friday, March 12. ARPA has a price tag



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Hospital Pricing Transparency Update

On November 15, 2019, former President Trump signed the Price Transparency Executive Order, declaring that all non-governmental hospitals needed to comply with the following requirements.




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IRS Identity Protection PINs are Available for Everyone

The IRS has, ahead of schedule, rolled out the ability for any interested individual to obtain an Identity Protection PIN. Background The PIN is a six-digit code provided by the IRS to a taxpayer for a specific tax year. It is entered on that taxpayer’s Form 1040 as a means


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Final Massachusetts Fiscal Year 2021 Budget Includes Accelerated Sales Tax Provisions, Postpones Re-Implementation of State Charitable Deduction

Co-authored by Nicholas Smetana Recently enacted legislation in Massachusetts requires certain taxpayers to begin remitting sales, meals, and room occupancy tax on an accelerated basis starting in April 2021, and also postponed the resumption of the charitable deduction for personal income tax purposes. On December 11, 2020, Governor Charlie Baker