LMC - Resources

March 2, 2022 | News

Third Round Recovery Rebate Credit For 2021

The IRS began issuing the third round of Economic Impact Payments in March 2021 and continued through December 2021. The third payments differ from the earlier payments in several respects: • Payment…

March 2, 2022 | News

Tax Filing Tips

As the tax filing deadline approaches, the LMC tax team wanted to share some changes in the tax law that might affect you: Changes to the charitable contribution deduction Taxpayers…

March 2, 2022 | News

The Complex Rules Behind the ERC

The COVID-19 pandemic created unprecedented problems for businesses that were required to shut down or limit operations. The government responded by enacting the Coronavirus Aid, Relief, and Economic Security Act, which created…

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