How the $10,200 unemployment tax break works

The American Rescue Plan has given unemployed Americans an opportunity to save some serious money on their taxes.  In early March, President Biden signed a $1.9 trillion Covid relief bill that waives federal tax on up to $10,200 of unemployment benefits an individual received in 2020. This benefit applies to this tax-filing season which was […]

The New PPP Loan Bill and What It Means for Your Business

The latest COVID-19 relief package includes well over 5,000 pages of legalese and specific guidelines for how funds are to be used. In short, it’s a complicated document that provides billions of dollars in funding to a variety of programs and initiatives, including direct payments to qualifying Americans and a new round of PPP loans.  […]