OnaWay Posts

New Advance Child Tax Credit

New Advance Child Tax Credit

What you need to know about the new advance child tax credit. Many of you have already received the letter from the IRS talking about the new advance on the 2021 child tax credits. We know reading things from them can be clear as mud sometimes, here's the scoop on what it all means: The federal government wants to get money into the hands of families earlier than filing your taxes in April, 2022. If you have children up to age 17, each year you may receive a credit for each child you have depending on your total household income...

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Open Position: Tax Supervisor or Manager

Open Position: Tax Supervisor or Manager

Seasoned accountant? Want to run with other thoroughbreds? Sick of ceilings? Join our team and do work that matters within our local community serving businesses and individuals you know and love!
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Mass Taxes PPP Forgiveness

Mass Taxes PPP Forgiveness

Massachusetts Deputy Director of Revenue announced that according to rule 20-9 they will be taxing forgiven PPP monies on anyone who reports business income on their personal tax return, such as folks with business K1 forms and schedule C filers
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