IRS Now Accepting ACA Returns

The IRS is now accepting e-filed Affordable Care Act (ACA) information returns. Forms 1094 and 1095 and transmittals can be electronically filed through the ACA Information Returns system, also known as AIR. These returns provide information about the health coverage that a taxpayer had or was offered in the previous year. Under the ACA, insurance… Read more »

How will revised tax limits affect your 2022 taxes?

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures are adjusted annually for inflation.   If you’re like most people, you’re probably more concerned about your 2021 tax bill right now than you are… Read more »

Are you ready to file your 2021 tax returns?

No date has been set for when taxpayers can begin to electronically file 2021 tax returns, but the IRS said it will be announced in the near future. The season typically begins in late January. Before e-filing can begin, IRS systems must be configured to process the previous year’s returns, and changes to tax forms… Read more »

5 Tax Tips for 2022

When the ball drops at midnight on December 31, don’t think that it’s too late to make any changes to the outcome of your 2021 tax returns. There are plenty of things you as an individual can do after Jan. 1, 2022 to impact the result of your returns for 2021. Here are 5 tips… Read more »

Helping Hands Makes Headway at Buffalo & Erie County Naval & Military Park

Helping Hands reported for duty at the Naval Park in downtown Buffalo in August to assist with a preservation project of the PTF-17 boat in the Park’s shipyard. The boat was used during the Vietnam War and constructed by Norway. With only 4 of these boats left, this preservation project is essential in keeping an… Read more »

CTBK Opens Up Its Doors for Open House

Explore beyond our firm’s doors and get a sneak peak of how we work as one team in a collaborative setting. Join us to learn about our services, industries, and clients in addition to insight on our firm culture and training and development opportunities for our team. All individuals attending must wear a mask regardless… Read more »