Tag: tax

Why The Additional $600 Unemployment Insurance Benefit and Extension in 2020 is a BIG Deal And When It Starts Paying

Under the latest Coronavirus stimulus bill unemployment insurance has been extended by 13 weeks and boosted by adding $600 per week for up to four months, on top of what… Read more »

Stimulus Checks (Free Money) to Americans as part of 2020 Coronavirus Economic Relief Package

[Latest Update based on IRS news release] The $2 trillion dollar stimulus bill (CARES act) has now been agreed to in Congress and signed into law. Under this bill there… Read more »

$1300 to $2600 Additional Standard Deduction for Seniors Over 65 under GOP/Trump Tax Reform

As part of the GOP tax reform bill to support President Trump’s tax reform agenda there has a near doubling of the standard deductions that can be taken in 2018 and beyond…. Read more »