Teachers Can Deduct COVID-Prevention Supplies on Their Returns
Teachers and other educators can now deduct out-of-pocket expenses for “COVID-19 protective items” on their tax return, thanks to the COVID-Related Tax Relief Act that was passed in December. And the IRS has just issued guidance to help educators determine...
President Biden’s Tax Plans for the Next Few Years
With control of both the House and Senate in Democratic hands, President Biden will be able to get more of his tax agenda through Congress. Here’s what could happen in the next four years. by: Andre Falls January 25, 2021 President Joe Biden’s tax plans...
When Can You File Your Taxes This Year?
If you’re an early bird when it comes to filing your tax return, you’ll have to wait a little longer this year before the IRS will accept your return. The sooner you file your tax return, the sooner you’ll receive any refund due. But this year...
$1,400 per person, is in Biden’s COVID relief plan
Soon after Joseph R. Biden trades in his former Vice President honorific for President on Jan. 20, the now-Democratic led Congress will take up the 46th Commander in Chief’s COVID-19 relief plan. Millions of Americans, even those who didn’t vote for Biden...
Tax statements you need to file your 2020 return
This is just one of the documents that millions of taxpayers are awaiting so they can file their returns. In addition to tax-related home transactions, the various documents that are or soon will be on their way include documents detailing income, be it from wages,...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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