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    Month: March 2021

    Expected Retroactive Unemployment Change

    On Saturday, March 6, 2021, the Senate passed its own version of a bill that contains many tax provisions.  The bill differs from the earlier version passed by the House of Representatives, so it will still require another vote in the House before it can be enacted into law.  The final provisions are expected to stay the same, but until the House vote, there is always the possibility of delays...

    Strategies for Possible New Stimulus Payment

    It is looking very likely that a new tax law will be enacted that includes a third round of stimulus/economic impact payments.  While the final details of such payments will not be known until/unless the new tax law is enacted, practitioners can begin to plan to help clients maximize the benefits of such payments.  So far, the bill that was passed by the House of Representatives on February 27...