Are Stimulus Payments Taxable Did you receive relief or stimulus payments last year from your state? Are stimulus payments taxable? Do you need to report these payments on my federal tax return? Well, there might be some good news. On February 10, 2023, the Internal Revenue Service (IRS) issued guidance to taxpayers in 21 predetermined
Economic Stimulus
The CARES Act – Coronavirus Aid, Relief, and Economic Security
On March 27th, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was put into effect, which will provide taxpayers and businesses significant tax and non-tax relief during these unprecedented times. Individuals and businesses should remain informed about the tax and non-tax implications of the legislation and The CARES Act. WHAT INDIVIDUALS CAN EXPECTIf