Millions of Americans who received unemployment benefits in 2020 got a new tax break from the American Rescue Plan Act of 2021, which changed the rules to the way the federal government usually taxes unemployment benefits. Here’s what to know. How the American Rescue...
unemployment benefits
The Small Business Loan Program – How it Missed the Mark
Small businesses across the country clamored to apply for loans under the first round of the Paycheck Protection Program (PPP), a $349 billion relief program for small businesses set up by the federal government. That first round of funding ran out in only 13 days but...
Coronavirus Stimulus Checks: What to Expect
As a result of the $2 trillion Coronavirus Aid, Security, and Economic Security (CARES) Act signed into law on March 27, 2020, the government is sending stimulus payments, either by check or direct deposit, to American taxpayers. Many Americans have already started to...
Update on CARES Act
Click here for a downloadable PDF version. As many of you know the CARES Act was signed in to law on March 27th, 2020 and this law has many different opportunities for both businesses and individuals. Here are some of the highlights of the new tax act. Personal...