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...
by Harry | Apr 16, 2020 | Tax Info, Tax News
Tax Day always falls on or shortly after April 15– but not this year. Last month, Treasury Secretary Steven Mnuchin announced that the federal tax deadline for individuals and businesses would be moved to July 15 due to the coronavirus pandemic. This three month...
by Harry | Mar 30, 2020 | covid-19 tax relief, Tax Facts, Tax Info, Tax News
Tax-filing season is something few people look forward to. But this year’s tax season seems set up to be even tougher than usual– and, below, we’ll share why. Read on to learn what problems are on the horizon for the 2020 tax-filing season so you can try your...
by Harry | Dec 23, 2019 | Tax Info, Tax News
Congress appears to be ready to pass a large spending bill that is set to repeal 3 major health taxes that were put in place by the Affordable Care Act. This bill would fully repeal the Cadillac tax, a 2.3 percent tax on medical devices, and a health insurance fee,...
