Durham & Durham
Major Changes to Mobile Payment Apps like Venmo & PayPal Income Reporting
Mobile Payment income reporting has changed to totals exceeding $600.
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Durham & Durham
- Sep 16, 2021
- 1 min
NEW for 2021 Charitable Contributions
New in 2021 you may take a $300 (Single/HOH) or $600 (MFJ) deduction in cash contributions to a qualified organization if you don’t itemize.
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Durham & Durham
- Aug 13, 2021
- 1 min
Child Tax Credit Update Portal
The 2nd Advanced CTC Payment is scheduled to be issued Friday 8/13/21.
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Durham & Durham
- Aug 9, 2021
- 2 min
Delivery OR Vehicle Transport Driver Expenses
Any time you are using your vehicle for delivery or transporting paying riders, those are business miles.
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Durham & Durham
- Aug 3, 2021
- 1 min
100% Restaurant Deduction for Businesses
Businesses can claim 100% of their food or beverage expenses paid to restaurants.
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Durham & Durham
- Jul 26, 2021
- 2 min
NEW ADVANCED Child Tax Credit Payments
The Child Tax Credit per qualifying child has increased to $3,600 for children ages 5 & under; and $3,000 for children ages 6 -17.
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