by ezTaxReturn Expert Staff | Sep 24, 2020 | Personal Finance
Reading Time: 3 minutesDuring recessionary times, many Americans experience hardships like job loss that negatively impacts their way of life. This may cause people to fall behind on bills and send their financial well-being seemingly spiraling out of control. Even...
by ezTaxReturn Expert Staff | Sep 24, 2020 | IRS & Government
Reading Time: 2 minutesDue to the Coronavirus pandemic, millions of Americans received or are currently receiving unemployment insurance payments, many of them for the first time. It’s important for these individuals to know that unemployment compensation is...
by ezTaxReturn Expert Staff | Aug 25, 2020 | General Discussion
Reading Time: 4 minutesLife never runs entirely smoothly. Even so, there are times when people get hit with more than their fair share of disappointments. When troubles seem to be mounting up, it can begin to feel like everything you touch goes wrong. Of course, going...
by ezTaxReturn Expert Staff | Aug 25, 2020 | IRS & Government
Reading Time: < 1 minuteThe 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...
by ezTaxReturn Expert Staff | Aug 25, 2020 | IRS & Government
Reading Time: 2 minutesThe 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...