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Washington, Feb. 19, 2021
President Biden's top priority is COVID-19, both tackling the disease and shoring up the economy. He has already set forth his stimulus plan ... And House Democrats are fast at work on it. Democrats on the House Ways & Means Com. crafted part of the bill, which...
Washington, Feb. 5, 2021
Lots of tax breaks were enacted in 2020. They were included in the coronavirus relief laws passed by Congress to help stimulate the economy. The issue now is how to report them on 2020 returns that IRS will begin accepting Feb. 12. Let's focus on four new breaks on...
Washington, Jan. 22, 2021
Now that Joe Biden is officially the president ... and Democrats control both chambers of Congress with the narrowest majority in over 20 years ... Readers want to know the effect on taxes. Here's our take on what will happen in 2021 ... And maybe of more importance,...
Washington, Jan. 8, 2021
There are lots of tax changes to talk about. The year-end government funding and stimulus law includes many easings for individuals and businesses. Other changes for 2021 reflect prior-year inflation. Start with a second round of stimulus checks for individuals,...
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