How Will PPP Loans & EIDL Advances Affect My State & Federal Taxes?
PPP loans aren't taxable at the federal level, but state tax implications vary As a small business owner, odds are you...
Happy New Year!
Merry Christmas and Happy New Year! The IRS will start accepting income tax returns on: Jan 31, 2022. Organize...
Delayed Refunds – Calling IRS is not the Answer
IRS is holding millions of tax returns, delaying refunds... The IRS is holding 29 million tax returns for manual...
Extended 2020 Tax Filing Season Details
The IRS has implemented plans for the extended federal income tax filing deadline for individual returns. Deadlines...
New Child Tax Credit and Stimulus Updates
When will your $3,600 child tax credit check arrive -- and how often? If you qualify for the 2021 child tax credit,...
IRS to Handle Unemployment Returns, Don’t Amend
Returns filed with unemployment benefits prior to the $10,200 exclusion should not be amended. The IRS has indicated...
Stimulus – Tax Season Extension – Updates
Mac Neal LLC is working around the clock to stay current on the tax law changes, stimulus updates, and tax return...
COVID-19 stimulus package: Jobless Americans get a tax waiver of up to $10,200 on unemployment benefits
UPDATE Returns not-filed yet with Unemployment Compensation Tomorrow morning, a software update for the new...
2021 Covid-19 $1400 Relief Checks Update
The IRS has said it will issue information and details on the distribution of this third payment once the bill is...