Archive - March 13, 2021

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Should You Hit the Pause Button on Filing Your 2020 Tax Returns?

Should You Hit the Pause Button on Filing Your 2020 Tax Returns?

As you likely know, President Joe Biden signed his sweeping $1.9 trillion Covid-19 economic relief package into law on Thursday afternoon March 11, 2021. Included in this package were several tax provisions that increase child tax credits and exempt certain 2020 unemployment benefits from taxation for lower income taxpayers. Passing retroactive tax legislation just five […]

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