Stimulus Checks Delayed for Some Social Security Recipients By: Stacey Nickens Almost 30 million Social Security and Supplemental Security Income (SSI) recipients will be experiencing a delay in receiving their third stimulus checks. The Social Security Administration (SSA) initially failed to send necessary information to the IRS. However, after a letter from four Congressmen [...]
A Guide to Your Third Stimulus Check By: Stacey Nickens On March 11, President Joe Biden signed the American Rescue Plan Act of 2021. This act provides for a third round of stimulus to some American families; however, as the legislation took a while to make it's way through both chambers of congress, you [...]
How Filing Your Tax Return Early (Or Late) Could Impact Your Stimulus Check By: Stacey Nickens Tax season kicked off on February 12, and as of late February, the IRS had already received 21% more individual returns than on the same day in 2020. While some are waiting to see if the tax deadline [...]
Tax & Funding Provisions in the Proposed Stimulus Package By: Stacey Nickens The House is expected to pass a $1.9 trillion coronavirus relief package today, after which the legislation will head to the Senate for approval. Beyond providing additional stimulus, the package includes an increase in the child tax credit, additional funding for small [...]
New Tax Breaks for the 2020 Tax Year By: Stacey Nickens The pandemic changed so much in our lives, including the tax code. The coronavirus relief laws passed by Congress included a number of tax breaks that can be applied on your 2020 return. In this article, we will review four new tax breaks [...]
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