Senate Passes $3,000 Child Tax Credit for 2021
An expanded child tax credit for 2021 is about to become law. After some procedural wrangling, the Senate narrowly approved President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate the economy. Because the Senate made some changes to the …
TAX CONSEQUENCES OF LOSING YOUR JOB
Article Highlights: Severance Pay Unemployment Compensation Health Insurance Employer Pension Plan Coronavirus-related Distributions Home Sale If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes …
Coronavirus checks, direct deposits are coming. Here’s everything you need to know.
Who qualifies? How much is being sent? When? How will I get the money? Questions and answers. WASHINGTON — As the coronavirus crisis ravages the U.S. economy, millions of Americans are urgently awaiting financial help from Congress in the form of direct …
What’s in the $2 trillion Coronavirus stimulus bill
(CNN) Congressional lawmakers put the finishing touches on a $2 trillion stimulus bill to respond to the coronavirus pandemic, with cash and assistance for regular Americans, Main Street businesses and hard-hit airlines and manufacturers, among others. The Senate passed the bill, 96-0, …
