Economic Impact Payments

Who really gets credit for revenue boom. In the last few years it seems everything turned from ok to really bad. The economy turned downward during Covid lockdowns, then it looked like things were turning around after that first winter of Covid... Read More

White House to tax billionaires. When Candidate Joe Biden ran for office, one of the things he said was that billionaires were not paying a fair share of IRS taxes. He cited statistics and rallied support for the idea behind the large majority ... Read More

Where is my refund guide. The easy way to see if your refund is on the way, is to check the Where's My Refund tool at the IRS website, IRS.GOV Those who might not file a tax return will want to this as that will enable them to get the child ta... Read More

American rescue plan boost refunds. IRS urges Americans to file, even if they haven't for years. The Internal Revenue Service urged Americans to file a 2021 federal income tax return so they can take advantage of key tax benefits in the America... Read More

American rescue plan part three. Multiple provisions of the American Rescue Plan have been discussed, as the tax provision has many aspects. The law was passed in response to the Covid pandemic, and it represents efforts to confront the econo... Read More

One million additional stimulus checks. The Internal Revenue Service, the U.S. Department of the Treasury, and the Bureau of the Fiscal Service stated that they have distributed nearly one million payments in nine batches of Economic Impact Pay... Read More

Details of Bidens stimulus plan. Candidate Joe Biden had promised a spending program that would be designed to lift up the middle class of Americans, who he felt were left behind in the last twenty years, by a tax code designed to give all the ... Read More

American rescue plan part three. The American Rescue Plan suspends a portion of the Unemployment Compensation paid a taxpayer, under Section 9042. In taxable year 2020, if the standard gross income of the taxpayer for the taxable year is less ... Read More

Is a fourth stimulus check possible. Could a fourth stimulus check be forthcoming for the American people ? At this point in time its a bit unclear. If you listen to progressives in Congress you would hear a resounding yes. But if you were to l... Read More

American rescue plan part two. The plan put forth by the Biden Administration has multiple benefits for the American people. One of those benefits is the suspension of tax on a portion of Unemployment Compensation. The IRS has issued instructi... Read More