recovery

2020 Recovery Rebate Credit
Gallery
2020 Recovery Rebate Credit

2020 Recovery Rebate Credit

The first two rounds of Economic Impact Payments were advance payments of the 2020 Recovery Rebate Credit. Most eligible people already received the payments and won't include this information on their 2020 tax return. Who May Be Eligible to Claim the 2020 Recovery Rebate Credit? If you didn't get a first and second Economic Impact [...]

2020 Recovery Rebate CreditRsfitness222021-04-28T18:48:18-04:00

Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues
Gallery
Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues

Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues

The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act is largely related to the extension and enhancement of the popular Paycheck Protection Program. The significant majority of this section of the act does not have a direct tax effect. However, because the PPP does provide for the exclusion from income of forgiven PPP [...]

Economic Aid to Hard-Hit Small Businesses, Non-Profits, and VenuesRsfitness222021-02-08T22:19:38-05:00