Blogs & Insights | Hutchinson & Bloodgood LLP

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IRS Tools Provides Information About Child Tax Credit Payments

June 25, 2021 0

IRS Tools Provides Information About Child Tax Credit Payments

The IRS has launched a new online tool that can help families determine whether they qualify for the Child Tax Credit (CTC) and the special monthly […]

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Man Pointing At A Key With The Words Job Description Above It

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Are your company’s job descriptions pulling their weight?

June 23, 2021 0

Are your company’s job descriptions pulling their weight?

At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years ago. They haven’t had to change or do anything, […]

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"medicare Premiums" Surrounded By Keyboard, Stethoscope, Prescription

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Seniors may be able to write off Medicare premiums on their tax returns

June 22, 2021 0

Seniors may be able to write off Medicare premiums on their tax returns

Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get the level of coverage you […]

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Freeway Sign With Profits Headed To The ;left And Cash Flow Headed To The Right

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Don’t Assume Your Profitable Company Has Strong Cash Flow

June 16, 2021 0

Don’t Assume Your Profitable Company Has Strong Cash Flow

Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you make an … you probably […]

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Piggy Bank Wearing A Graduation Cap With A Diploma Next To It

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Tax-favored Ways to Build Up a College Fund

June 15, 2021 0

Tax-favored Ways to Build Up a College Fund

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs. You […]

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Pondering the Possibility of a Company Retreat?

June 9, 2021 0

Pondering the Possibility of a Company Retreat?

As vaccination levels rise and major U.S. population centers fully reopen, business owners may find themselves pondering an intriguing thought: Should we have a company […]

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Golden Egg In A Nest With The Word Retirement

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Retiring Soon? 4 Tax Issues You May Face

June 8, 2021 0

Retiring Soon? 4 Tax Issues You May Face

If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief […]

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Game Board With The Words Succession Planning Written On It

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The Long and Short of Succession Planning

June 2, 2021 0

The Long and Short of Succession Planning

For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those who are relatively […]

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Father And Daughter Standing In Front Of A Van

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Hiring your minor children this summer? Reap tax and nontax benefits.

June 1, 2021 0

Hiring your minor children this summer? Reap tax and nontax benefits.

If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax benefits. The kids can gain […]

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Many Parents Will Receive Advance Tax Credit Payments Beginning July 15

May 25, 2021 0

Many Parents Will Receive Advance Tax Credit Payments Beginning July 15

Eligible parents will soon begin receiving payments from the federal government. The IRS announced that the 2021 advance child tax credit (CTC) payments, which were […]

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