Taxes

How Stimulus Payments Are Treated For Tax Purposes
With over 160 million stimulus payments sent with the first round of pandemic relief efforts, many in receipt of the payments are asking whether the payments are taxable or not. The IRS has […]

Published On: March 12, 2021Categories: Economy, Government/Municipal, Taxes
IRS Sets Later Date To Accept Returns – Tax Planning
The IRS announced that it will not start accepting individual tax returns for tax year 2020 until February 12. A law passed by Congress in December designed to mitigate fraud hindered the ability […]

Published On: February 16, 2021Categories: Taxes
Difficulty for the IRS due to Covid-19
As the pandemic has taken a toll on income for individual businesses, companies, and families across the country, it has also taken a toll on U.S. government income. The IRS releases a disclosure […]

Published On: September 8, 2020Categories: Taxes