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Posts by Frank Zappulla:
The president signed the American Rescue Plan on March 11, 2021. Provisions in the bill will authorize another round of $1,400 stimulus checks for each eligible person ($2,800 for couples), plus an additional $1,400 for each dependent. However, as with the first- and second-round payments, the third-round stimulus checks will be reduced – or nonexistent […]
Fun SurveyI keep seeing posts in the various Facebook groups asking if people received their 1099 yet so let’s just do a quick survey and I’ll post the results. Don;t worry, people will not be able to submit more than one entry so the survey should be pretty accurate.
There are seven federal tax brackets for the 2020 tax year: 10% 12% 22% 24% 32% 35% 37% Your bracket depends on your taxable income and filing status. You only pay taxes on your taxable income. To determine your taxable income, you need to subtract any adjustments from your gross income. Adjustments to Income include […]