Tax Breaks Continued for 2021

Tax Breaks Continued for 2021

As we talked earlier this month about the new Unemployment and Tax Break changes for the year 2021, we continue looking into more tax breaks for this year. The American Rescue Plan also extended the initial CARES act unemployment benefits. The new plan extended the...
Unemployment Changes for 2021

Unemployment Changes for 2021

For many this tax season, the unemployment benefits seemed to challenge taxes and income brackets for many Americans. Policymakers have allowed filers to use 2019 EIC (earned income credit) since 2020 provided fewer opportunities for many; however, the American Rescue...