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stimulus payments

Just days ago, Congress passed the American Rescue Plan act, which allocates $1.9 trillion for COVID-19 relief. The act provides funds for individuals, including an extension of unemployment benefits and new health insurance assistance in addition to the expected stimulus funds. Citizens should begin receiving their stimulus payments as early as this week. Here’s how to determine the benefits for […]
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If you’re one of the millions of Americans who received pandemic relief stimulus payments, or are waiting on payments that have not yet arrived, you may be concerned about your 2020 tax returns. Let us set your mind at ease: if your adjusted gross income (AGI) is less than $75,000 as an individual, or $150,000 as a couple filing jointly, […]
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