Latest Newsletter Edition

Tax Waiver for 2020 Unemployment Benefits

The American Rescue Plan Act allows many Americans to exclude some or all of their 2020 unemployment insurance (UI) benefits from their taxable income. This exclusion is available to taxpayers with a modified adjusted gross …

Upcoming Tax Deadlines

May

Day

10
Employees Who Work for Tips – If you received $20 or more in tips during April, you must report them to your employer (employees are required to keep a daily record of tips). All tips …