How Self-Employed Individuals and Household Employers Repay Deferred Social Security Tax The Coronavirus Aid, Relief, and Economic Security Act allowed self-employed individuals and household employers to defer the payment of certain...
Authored by the IRS | August 24, 2022 COVID tax relief: IRS provides broad-based penalty relief for certain 2019 and 2020 returns due to the pandemic; $1.2 billion in penalties being...
Authored by: W. Dale Westenskow, CPA, Haynie & Company Partner Paid sick and family leave tax credits Eligible employers can claim the credits for providing leave to employees to accompany a family...
The IRS has millions of tax refunds on hold for manual processing and its systems were unable to process many of the April 15th quarterly payments. On April 22, 2021 National...
One of the more tax-troubling issues this year is the distribution of what Congress refers to as the recovery rebates. You may know these payments as the Economic Impact Payments...
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...
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...
Self-employed individuals may be entitled to tax credits related to COVID-19. A self-employed individual who regularly carries on a trade or business, and would have been eligible for qualified sick leave...