Child Tax Credit and Child & Dependent Care Credit
The American Rescue Plan has expanded the Child Tax Credit and the Child and Dependent Care Credit creating major tax benefits for taxpayers with dependent children. The Child Tax Credit has been expanded from $2,000 per child under the age of 17 to $3,000 per child...
Up to $10,200 of Unemployment Compensation Non-Taxable for Certain Taxpayers
Many taxpayers received unemployment compensation during 2020 due to layoffs and furloughs caused by the Coronavirus Pandemic. If you are one of those taxpayers and your modified adjusted gross income (AGI) is less than $150,000, the American Rescue Plan enacted on...
Breaking News: American Rescue Plan Act
The new $1.9 trillion stimulus bill known as the American Rescue Plan Act will soon land on President Biden's desk for signature. He is expected to sign into law this Friday. The bill contains a wide range of provisions for individuals and businesses, some of which...
Christy Burgess Promoted to Coulter & Justus, PC Principal
Congratulations to Christy Burgess on her promotion to Principal. The Principal position at Coulter & Justus, P.C. represents the highest level of accomplishment and technical service responsibility. This distinction also recognizes Christy for her experience,...
President Signs Year-End Agreement on Pandemic Relief, Stimulus, and Extenders
The Consolidated Appropriation Act, 2021 (Act) generally provides the annual funding for the federal government and contains several important rules giving further COVID-19 relief. These include, among other things, revisions to the Paycheck Protection Program (PPP),...
Breaking: $900 Billion COVID-19 Relief Bill Awaiting President’s Signature
A new bill containing $900 billion in new COVID-19 relief has been approved by Congress and is heading to the White House for President Trump’s signature. The White House has said that the President will sign the legislation once it reaches his desk. The bill...
Jill Neace Named Knox.biz 40 Under 40
Congratulations to Jill Neace, Tax Principal, on being named Knox.biz 40 Under 40. The 2020 40 Under 40 class is full of leaders, innovators and community servants. We are so proud of Jill and her commitment to her profession, family, friends, and community. Well...
C&J Recognized as a Best Firm for Women
We are so excited to be recognized by Accounting Today as a 2020 Best Firms for Women. What an honor to be ranked one of The 10 most female friendly workplaces in the profession. We are so proud of the C&J culture and thankful for our amazing team. Click on cover...
C&J Welcomes Four New Team Members
Coulter & Justus, P.C. is pleased to announce our newest Staff members. Eric Lawson has joined Coulter & Justus, P.C. as a staff accountant in the Accounting & Assurance department. Eric holds a Bachelor’s Degree in Accounting and Master’s of Accountancy...
Business Update: Guidance Issued On Payroll Tax Deferral
On August 8th, President Trump issued an Executive Memorandum calling for a temporary deferral of employees’ 6.2% Social Security tax, and we understand you, as well as many of your employees, are curious about what this means for the upcoming pay periods. In summary,...
