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- Finally, The COVID Relief Package Is Law
- After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters, as 2020 was coming to an end, horses were traded, and deals were made so that Congress could put together the much-needed legislation. The result is a nearly 5,600-page omnibus bill, the Consolidated Appropriations Act, 2021, Included in that legislation are the “COVID-Related Tax Relief Act of 2020” (COVIDTRA) and the “Taxpayer Certainty and Disaster Tax Relief Act of 2020”. The bill was signed by the President on December 27.
- How to Address Rising Tax Problems During COVID-19
- This year might be the year that you need to bring in a tax professional to help address some of the tax challenges that COVID-19 has caused.
- How to Create Recurring Transactions in QuickBooks Online
- QuickBooks Online saves time and improves accounting accuracy in numerous ways. One example is its support for recurring transactions.
- Video: COVID Tax Relief Act Is Coming
- The new COVID Tax Relief Act was passed by Congress and is waiting to be signed by the President. Watch this video for a summary of what to expect.
- Help Is on the Way - Emergency Coronavirus Relief Agreement Reached
- After months of political bickering, Congress has reached an agreement on an emergency coronavirus relief bill and the President has said he would sign it. Although not all the details are fully available yet, the following provides a good overview of the provisions affecting individual taxpayers and small businesses.
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