Important Changes to the Child Tax Credit

Important Changes to the Child Tax Credit

Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit: Amount has increased for certain taxpayers Is fully refundable (meaning you can...
Should an LLC Hold Your Vacation Home?

Should an LLC Hold Your Vacation Home?

If you share a vacation home with family members, holding it in a limited liability company (LLC) is one option that offers several important benefits. Here are a few: Asset Protection By establishing an LLC to own the home and transferring interests to family...

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