There has been much confusion around whether unemployment benefits under the CARES Act are taxable or not. As an unfortunate surprise to many, the unemployment benefits are indeed taxable.
by CapWayOn December 27, 2020, President Donald Trump signed the $900 billion coronavirus relief bill that included $600 checks to millions of Americans struggling financially amidst the ongoing pandemic.
by CapWayThe Internal Revenue Service (IRS) has started sending out COVID-19 stimulus checks, also known as the Economic Impact Payment, via direct deposit to millions of Americans. You can now use the IRS portal to "Get My Payment" status.
by CapWayThe federal government passed a $2 trillion stimulus bill to help lift any financial burden off of Americans.
by Nailah HerbertThe spread of COVID-19 in the United States has put millions of people out of work and has more than 17 million Americans filing for unemployment.
by Nailah HerbertOn January 24, 2022, people can begin filing their federal tax returns for the 2021 tax year. Individual income tax preparation can be tricky, and it is essential that all of the values included when filing your return are accurate.
by Nailah Herbert