TAX PRO PLUS LA

Tax Credit Pays for Keeping Employees on Payroll

To help businesses retain employees and keep them employed during the COVID-19 crisis, Congress has provided a refundable employer retention credit available to all qualifying employers regardless of size, including tax-exempt organizations.

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Self-Employed and Independent Contractors Now Qualify for Unemployment Benefits

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27th by President Trump, includes an unemployment assistance program for individuals who under normal circumstances would not qualify for unemployment benefits, which traditionally have only applied to employees. Under the CARES Act, unemployment benefits are now available for self-employed individuals, independent contractors and others – even some with limited work history – who are unable to work because of the coronavirus emergency.

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How Can I File for Unemployment in the United States?

With many people out of work due to COVID-19, unemployment claims are increasing across the country – and so are the benefits. Here’s all the info.

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Running Low on Money? Congress Has Made it Easier for You to Tap Your Retirement Savings

If you are struggling financially due to the COVID-19 epidemic, you will be happy to know Congress, as part of the CARES Act enacted on March 27, has made it easier for you to access your retirement funds during this emergency.

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Working from Home During the COVID-19 Outbreak? It Probably Won't Save You Much on Your Taxes

If you’re working from home due to the COVID-19 pandemic, it doesn’t mean you’ll qualify for the home office deduction – unless you reach these qualifications.

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