by Harry | Nov 2, 2020 | Tax Info
The economy is always an important issue in a presidential election year. And though there are many highly-charged issues of concern this year, research shows that the American economy is still the most important issue among voters. The economy topped a recent Pew...
by Harry | Oct 30, 2020 | Tax Info
This week, the Internal Revenue Service (IRS) announced the annual inflation adjustments for the 2021 tax year. These adjustments include the official 2021 tax rate schedules, standard deduction amounts, capital gains tax rates, and more, providing taxpayers and...
by Harry | Jul 31, 2020 | covid-19 tax relief, IRS Info, Tax Info
The Internal Revenue Service has processed over 159 million Economic Impact Payments, also known as EIPs or stimulus checks. While the IRS has now sent payments to a high percentage of qualifying Americans, a recent statement from the government agency indicates that...
by Harry | Jul 31, 2020 | covid-19 tax relief, IRS Info, Tax Info, Tax News
In March, the United States federal government passed two COVID-19 relief bills: The Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid Relief and Economic Security (CARES) Act. These bills are responsible for a variety of relief options designed...
by Harry | Jun 25, 2020 | covid-19 tax relief, Employment, IRS Info, Tax Info, Tax News
To help the many Americans experiencing unemployment during the novel coronavirus pandemic, this March the federal government passed the CARES Act. One of the provisions in the CARES Act, Pandemic Unemployment Assistance (PUA), expands unemployment benefits, allowing...
by Harry | Jun 25, 2020 | covid-19 tax relief, Tax Info, Tax News
The novel coronavirus pandemic has had an enormous impact on this year’s tax season. As a result of the pandemic, the Internal Revenue Service has pushed back Tax Day for all Americans for the first time in over five decades, moving it to July 15, 2020. And, according...
