Archive for March 2020
Covid-19 Relief
Covid-19 Relief Covid-19 Resource Posts An Overview of the Home Office Deduction for Doctors June 10, 2020 CARES Act – How It Impacts You and Your Business March 31, 2020 $2.2 Trillion Coronavirus Stimulus Package – Who and When You Should Expect Your Direct Payment Check March 30, 2020 Helpful Links IRS Announcements IRS Coronavirus…
Read MoreCARES Act – How It Impacts You and Your Business
Individuals and Families Individual Tax Credit/Rebate All individuals who are not dependents are eligible to receive a rebate of up to $1,200 rebate ($2,400 for married filing joint taxpayers). In addition, taxpayers with children dependents qualify for up to a $500 rebate per child. The payment will be based on the 2018 tax return…
Read More$2.2 Trillion Coronavirus Stimulus Package – Who and When You Should Expect Your Direct Payment Check
Single adults with adjusted gross income up to $75,000 will get a $1,200 payment. Married couples with adjusted gross income up to $150,000 will get $2,400. Single parents who file as head of household with adjusted gross income up to $112,500 will get the full $1,200 check. Additionally, Americans with dependent children under the age…
Read More$2.2 Trillion Coronavirus Stimulus Bill Passes the House – WHAT YOU NEED TO KNOW
PARTIAL HIGHLIGHTS OF CONGRESS’ $2.2 TRILLION VIRUS RELIEF PACKAGE (As of Friday, March 27, 2020) Here is a partial list of the highlights of a roughly $2.2 trillion package to rush aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The package, approved by the Senate yesterday and today…
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