A report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.
by Viviana VazquezThere 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 CapWayThe 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 HerbertThe IRS has announced File Free, a new agreement that will assist those with low or moderate incomes to prepare and e-file their returns for free. Although File Free has been around for years, this year, taxpayers with adjusted gross incomes of $69,000 or less can take advantage of File Free.
by CapWay