by Jessica Benjamin | May 9, 2021 | Tax Accounting
IRS Says The Expanded Child Tax Credit for 2021 Will Start in July The American Rescue Plan Act (ARPA) signed into law by President Joe Biden in March includes a provision for expanding the child tax credit for 2021. Expanded Child Tax Credit to Provide Monthly Checks...
by Stephen Griffin | Apr 9, 2021 | Tax Accounting
Unemployment Tax Break Means up to $10,200 Tax Free Before the American Rescue Plan Act (ARPA) was signed on March 11, 2021, unemployment compensation was taxable income, and now ARPA provides a new federal tax break for unemployment benefits received in 2020. It now...
