Tax Law and News

IRS

IRS to recalculate taxes on unemployment benefits; refunds to start May 2021

Section 529 plans

Emergency aid granted to students due to COVID-19 is not taxable

Tax Accountant

April 2021 tax and compliance deadlines

IRS Tax Deadlines

IRS extends filing and payment deadlines for tax year 2020

selfemployed4-copy

American Rescue Plan includes new exclusion of up to $10,200 of unemployment compensation

congress

American Rescue Plan: What does the third stimulus mean for your clients?

paycheck

Advising your clients on repaying deferred payroll taxes

Accountant working remotely

IRS provides guidance for employers claiming the Employee Retention Credit for 2020

U.S. Flag

State stimulus relief

Debt-collection

What to tell clients who can’t pay

March deadlines

March 2021 tax and compliance deadlines

health care and taxes

New law provides additional flexibility for health FSAs and dependent care assistance programs