Tax Due Date Extended !

Tax Due Date Extended !

Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be...
IRS to begin sending out Advanced Child Tax Payments by July 15

Stimulus Check, Round 3

Today many taxpayers woke up to find they had more money in their bank accounts thanks to the Third Round of Stimulus checks. On March 11 President Biden signed the American Rescue Act (ARA) into law. The ARA provides up to $1,400 for eligible taxpayers ($2,800 per...
2021 COVID Relief Bill

2021 COVID Relief Bill

On Saturday 03/06/21 the US Senate passed their own version of the 2021 COVID relief bill, for a cost of $1.9 Trillion, which is expected to be passed by the House as soon as Tuesday 03/09/21. Here are some key provisions: Direct payments of up to $1,400 per...
House Stimulus Bill

House Stimulus Bill

On February 27, 2021 the House of Representatives passed their $1.9 trillion stimulus plan. The bill was sent to the Senate and a vote is expected as early as Wednesday, March 3, 2021. Here are some of the key provisions in the House bill: Recovery rebates The House...