Big Increase in Child Tax Credit For 2021
An increased child tax credit is part of the March 2021 American Rescue Plan Act stimulus package. Even though the benefit of a tax credit traditionally isn’t available until after...
18 March, 2021
American Rescue Plan Tag
Are Your Unemployment Benefits Taxable?
Unemployment Benefits We've seen numerous changes to unemployment benefits throughout 2020 and 2021. Now, President Biden’s American Rescue Plan that Congress enacted in March of 2021 has extended the additional $300...
18 March, 2021
American Rescue Plan Act Provisions Affecting Exempt Organizations
(authored by RSM US LLP) The American Rescue Plan Act of 2021 extends and expands support for exempt organizations affected by the coronavirus pandemic....
17 March, 2021
Another Round of Stimulus Payments Approved by Congress
Article Highlights: • Economic Impact Payments • High-Income Taxpayer Phaseout • Reconciliation • Dependents • Decedents • Social Security Number Requirements • Non-Filers and IRS Information Site • Should I file my tax return now or later The American...
11 March, 2021
Third Stimulus Check: Should I File My Tax Return Now or Later?
Will I qualify for a third stimulus check? Should I file my tax return now or later? We recommend you provide your information to us as soon as possible. We...
23 February, 2021