FAQs about the Second Stimulus Check for Tax Preparers
The U.S. government has approved a new round of pandemic relief to assist families, individuals, businesses, and… Read more
COVID-19 and Stimulus Tax Preparer Resources
Tax Questions Your Clients May Ask in 2021
After your client’s return has been e-filed, they may have some questions. For example, they may want to know how long they have… Read more
How Will the CARES Act Affect My Clients’ 2020 Taxes?
The Coronavirus Aid, Relief, and Economic Security (CARES) Act impacted many American’s taxes. Your clients may be wondering… Read more
Is My Client’s Unemployment Income Taxable?
Many of your clients may have received unemployment compensation for the first time in 2020 due to COVID-19. They may be… Read more
How Will the Consolidated Appropriations Act Affect My Clients’ 2020 Taxes?
The Consolidated Appropriations Act was passed in December 2019. It extended many popular tax provisions that expired… Read more
Tax Year 2020: Changes to IRS Form 1040
This article was last updated on August 27, 2020.
The IRS recently released a draft of Form 1040, U.S.… Read more