Day: April 6, 2021

On March 17, the IRS announced that the federal income tax filing deadline for individuals will be automatically extended from April 15, 2021 to May 17, 2021. However, if you will be receiving a refund, you are encouraged to file before that date so that you can receive your tax refund as soon as possible.
-> Continue reading 2020 Tax Deadline Delayed for Individuals

On March 11, President Biden signed into law the American Rescue Plan, which aims to provide additional relief to Americans that are struggling due to the ongoing COVID-19 pandemic. As part of this relief, up to $10,200 in unemployment compensation that you received in 2020 may now be tax free. To qualify for this relief,
-> Continue reading Up to $10,200 of Unemployment Compensation Now Tax Free