Tax Treatment of Unemployment Benefits
The tax treatment of unemployment benefits you receive depends on the type of program paying the benefits. Unemployment compensation includes amounts received under the laws of the United States or of a state, such as: State unemployment insurance benefits Benefits...
New Law Provides Relief for Eligible Taxpayers Who Need Funds From IRAS and Other Retirement Plans
The Internal Revenue Service provided a reminder today that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable tax treatment for withdrawals from retirement plans and IRAs and allowing certain...
3 Unique Tips to Increase Your Work from Home Productivity
There are plenty of articles floating around the internet right now with tips about working from home. On top of the official guidance you get from your office, unofficial tips are scattered around like confetti on social media and news sites. Some of these strategies...
What Taxpayers Need to Know About the Home Office Deduction
The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax...
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