Tag: 1040 Federal Return

The COVID pandemic prompted numerous temporary changes to the tax laws for 2020 and 2021. From Economic Impact Payments, penalty-free IRA distributions and the expanded child tax credit to Employee Retention Credits and credits for Read More

The pandemic has led to several changes to the tax rules for last year. Here's a summary of four taxpayer-friendly changes that may affect your 2020 federal income tax return.   1. Limited Charitable Deduction Read More