by Reuven Rubinson | Mar 6, 2021 | Accounting and Taxes
The Senate has passed the COVID relief legislation which includes a provision that the first $10,200 of unemployment compensation in 2020 will be nontaxable. Now onto the House where is expected to be passed. I predict this will require the IRS to extend the April 15...
by Reuven Rubinson | Feb 22, 2021 | Accounting and Taxes
Information from Drake Software on Stimulus Payments: Recovery Rebate Credit The IRS announced last week that, as required by law, all legally permitted first and second round of Economic Impact Payments have been issued. Get My Payment was updated on January 29 to...
by Reuven Rubinson | Feb 18, 2021 | Accounting and Taxes
The governor and legislative leaders have agreed on a package which includes the following:1. $600 in one-time relief to households receiving the California EITC for 2020 2. a four-fold increase – from $500 million to more than $2 billion – for grants up to $25,000...
by Reuven Rubinson | Feb 12, 2021 | Accounting and Taxes
https://www.irs.gov/newsroom/irs-updates-faqs-on-paid-sick-leave-credit-and-family-leave-credit
by Reuven Rubinson | Jan 29, 2021 | Uncategorized
All taxpayers are now eligible to request a security pin from the IRS in order to minimize identity theft and someone filing a false tax return using your Social Security number. https://www.irs.gov/pub/irs-pdf/p5367es.pdf
by Reuven Rubinson | Jan 15, 2021 | Uncategorized
The IRS will start accepting 2020 tax returns on February 12. This is a lot later than previous years. #IRS #TaxSeason #TaxFilingDate...
by Reuven Rubinson | Nov 3, 2020 | Accounting and Taxes
The Internal Revenue Service today announced a number of changes designed to help struggling taxpayers impacted by COVID-19 more easily settle their tax debts with the IRS. 11/2/2020 #taxes #irs...
by Reuven Rubinson | Jul 4, 2020 | Uncategorized
PPP Extension is Now Law Signed – It’s now official https://lnkd.in/gaFupbJ #ppploanforgiveness#PPPExtensionSigned
by Reuven Rubinson | Jun 18, 2020 | Accounting and Taxes
Great article on the PPP program by Mattisyahu Teichman http://morristeichman.com/ppp-paycheck-protection-program-loans-forgiveness/#PPPProgram #PPPProgramForgiveness
by Reuven Rubinson | Jun 17, 2020 | Accounting and Taxes
EZ PPP loan forgiveness application released. https://content.sba.gov/sites/default/files/2020-06/PPP%20Forgiveness%20Application%203508EZ%20%28%20Revised%2006.16.2020%29.pdf?utm_medium=email&utm_source=govdelivery The great news for self-employed individuals like...
