Covid Tax Tips Tag

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...

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...

Recovery Rebate Stimulus Payments and Credits December 2020 Stimulus PaymentsThe bill provides a refundable tax credit in the amount of $600 per eligible family member. The credit is $600 per...

This may be one of the most important sections of the December 2020 Tax Act for Businesses. It may provide significant tax credits on Forms 941 and 944. Original Employee Retention...