Tax Tip: Perform a Year-End Tax Records Check Up to Stay on Track

Tax Tip: Perform a Year-End Tax Records Check Up to Stay on Track Consistent record keeping throughout the year is the key to a stress-free tax season. A quick checkup now, to make sure you are properly assembling and storing all the documents you need, can prevent hours of frustration during tax season. First, make […]

Unemployment Benefits Are Taxable and May Affect ACA Tax Credit

Unemployment Benefits Are Taxable and May Affect ACA Tax Credit Due to the economic impacts of the COVID-19 (coronavirus) pandemic, many individuals may have had to file for Unemployment Insurance (UI) benefits for the first time. For many, these benefits included federal Pandemic Unemployment Assistance (PUA), which provided an extra $600 per week to UI […]