![It’s Official! Another Round of Stimulus Payments Approved by Congress](https://www.islernw.com/wp-content/uploads/2021/04/Its-Official-Another-Round-of-Stimulus-Payments-Approved-by-Congress-495x320.jpg)
It’s Official! Another Round of Stimulus Payments Approved by Congress
2020 Stimulus Package, COVID-19, Stimulus PaymentsArticle Highlights:
Economic Impact Payments
High-Income Taxpayer Phaseout
Reconciliation
Dependents
Decedents
Social Security Number Requirements
Non-Filers
IRS Information Sites
The American Rescue Plan Act has…
![House Votes Monday on Second $2,000 Stimulus Check After Trump Signs Bill](https://www.islernw.com/wp-content/uploads/2020/12/House-Votes-Today-on-Second-Stimulus-Check-After-Trump-Signs-Bill-495x320.jpg)
House Votes Monday on Second $2,000 Stimulus Check After Trump Signs Bill
2020 Due Dates, 2020 Stimulus Package, 2020 Tax Laws, CARES Act 2020, COVID-19, EIP Card, Stimulus PaymentsFrom CNET | written by Jessica Dolcourt
President Trump signed the stimulus bill on Sunday night, avoiding the government shutdown. Today, the House will vote on $2,000 stimulus checks.
Sunday night, after days of criticizing the $600 second…
![Help Is on the Way – Emergency Coronavirus Relief Agreement Reached](https://www.islernw.com/wp-content/uploads/2020/12/Help-Is-on-the-Way-Emergency-Coronavirus-Relief-Agreement-Reached-495x320.jpg)
Help Is on the Way – Emergency Coronavirus Relief Agreement Reached
2020 Stimulus Package, 2020 Tax Laws, CARES Act 2020, COVID-19, Stimulus Payments
Emergency Coronavirus Relief Act of 2020
Stimulus Payments
Unemployment Assistance
CDC Eviction Moratorium
Paycheck Protection Program Loans
Earned Income Tax Credit & Child Tax Credit
School Funding
Child Care
…
![5 Reasons Why You May Not Receive a Stimulus Check](https://www.islernw.com/wp-content/uploads/2020/12/5-Reasons-Why-You-May-Not-Receive-a-Stimulus-Check-495x320.jpg)
5 Reasons Why You May Not Receive a Stimulus Check
2020 Due Dates, 2020 Stimulus Package, 2020 Tax Laws, COVID-19From Forbes.com | Kelly Anne Smith Forbes Advisor Staff
The harsh economic consequences of the COVID-19 pandemic and the widespread shutdowns needed to contain it are starting to set in.
More than 30 million Americans have filed for unemployment…
![Need to identify QOF property by December 31st](https://www.islernw.com/wp-content/uploads/2020/12/Need-to-identify-QOF-property-by-December-31st-495x320.jpg)
Qualified Opportunity Zone Rules Are Relaxed– Need to identify QOF property by December 31
2020 Stimulus Package, 2020 Tax Laws, COVID-19From The Journal of Accountancy, by Sally P. Schreiber, J.D.
In Notice 2020-39, the IRS extended some deadlines for investing in qualified opportunity funds (QOF) and relaxed some investment requirements to make it easier for QOF investors…
![Don’t Miss Out on Year-End Tax-Planning Opportunities](https://www.islernw.com/wp-content/uploads/2020/11/Dont-Miss-Out-on-Year-End-Tax-Planning-Opportunities-495x320.jpg)
Don’t Miss Out on Year-End Tax-Planning Opportunities
2020 Stimulus Package, 2020 Tax Laws, Tax Credits, Tax Planning, Tax TipsArticle Highlights:
Unemployment Benefits Taxability
To Skip or Not Skip the 2020 Required Minimum Distribution
Special Charitable Giving Opportunities
Divorced or Separated Planning Issues
Potential State Health Insurance…
![](https://www.islernw.com/wp-content/uploads/2020/10/IRS-PROVIDES-TAX-RELIEF-FOR-OREGON-WILDFIRE-VICTIMS-495x320.jpg)
IRS Provides Tax Relief for Victims of Oregon Wildfires
2020 Due Dates, 2020 Stimulus Package, 2020 Tax Laws, COVID-19, OregonFrom the Oregon Society of Certified Public Accountants
WASHINGTON — Victims of the Oregon wildfires and straight-line winds that began on Sept. 7 now have until Jan. 15, 2021 to file various individual and business tax returns…
![](https://www.islernw.com/wp-content/uploads/2020/10/Individuals-Have-a-New-Opportunity-to-Receive-500-Economic-Impact-Payments-for-Their-Children-495x320.jpg)
Individuals Have a New Opportunity to Receive $500 Economic Impact Payments for Their Children
2020 Stimulus Package, COVID-19, Tax NewsArticle Highlights:
$500 Per Child Stimulus Payment
Non-Filer Tool
Those Who Have Already Used the Non-Filer Tool
Those Who Haven’t Used Non-Filer Tool
How Payment Will be Made
Get My Payment Tool
Non-Filers
The…
![](https://www.islernw.com/wp-content/uploads/2020/09/PPP-Interim-Final-Ruling-Summary-495x320.jpg)
PPP Interim Final Ruling Summary
2020 Stimulus Package, 2020 Tax Laws, Paycheck Protection Program To our valued clients:
The US Small Business Administration and Treasury recently issued an interim final rule clarifying Paycheck Protection Program forgiveness issues surrounding owner-employee compensation and the eligibility of rent…
![](https://www.islernw.com/wp-content/uploads/2020/09/IRS-Extends-Opportunity-to-Defer-Capital-Gains-495x320.jpg)
IRS Extends the Opportunity to Defer Capital Gains
2020 Due Dates, 2020 Stimulus Package, 2020 Tax Laws, Capital Gains, COVID-19IRS Extends the Opportunity to Defer Capital Gains
Article Highlights:
Tax Benefits
Investment Period
Qualified Opportunity Zone Funds
Qualified Opportunity Zones
Deferral Period
10 Year Election
As part of tax reform…