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Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 26, 2021 – April 30, 2021.
April 26, 2021: The IRS issued Revenue Procedure 2021-23, making superseding changes to earlier Revenue Procedures related to the Child Tax Credit under section 24 of the Code, the Earned Income Credit under section 32 of the Code and the Premium Tax Credit under section 36B of the Code in order to reflect statutory amendments made by the American Rescue Plan Act of 2021 (ARPA).
April 26, 2021: The IRS issued a news release reporting the results of its March 2021 inaugural National Virtual Settlement Month, an IRS-coordinated nationwide initiative to provide pro bono legal advice to
COVID Relief Bill Heads For Final Vote
Well, this only took checks calendar almost NINE MONTHS due to the interference of Nancy Pelosi, but another COVID relief bill is about to be signed by President Trump.
Having held up COVID relief by her own admission, Nancy Pelosi, House Speaker and master negotiator, is walking away with a bill that is paying out… less… than she demanded back in September. But don’t ask her any questions about that, media. Know your place.
Because the election is over now and her guy won. https://t.co/yrbxa3PGMB
But what on earth is in this $900 billion monstrosity? Are you ready for a token payment of your government’s overwhelming generosity of… $600 stimulus checks? And an extra $300 a week in unemployment benefits?