Blog for CPAs
More Unemployment Updates
IRS Updates Unemployment Exclusion Threshold As discussed in our previous blog, the American Rescue Plan, which was enacted on March 11, 2021 provides a retroactive exclusion for unemployment benefits received during 2020 (up to $10,200 per taxpayer). This...
IRS Guidance On Unemployment Benefits Exclusion
As we shared in last week's blog, the American Rescue Plan, which was enacted on March 11, 2021 provides a retroactive exclusion for unemployment benefits received during 2020 (up to $10,200 per taxpayer). The exclusion is available for taxpayers with adjusted gross...
Key Items In The American Rescue Plan Act of 2021
On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021. Here are some of the key items: Retroactive Exclusion of Certain Unemployment Benefits The Act contains a provision that retroactively excludes up to $10,200...
Who We Are And Who We Serve
If this is your first introduction to CPA MOMS, welcome! This blog will hopefully help you to learn a little more about who we are, what we do, and who we serve. Here’s a quick index: Who we are and who we serve How we serve business owners How we...
The CPA MOMS Podcast Roadmap
Welcome to an introduction to The CPA MOMS Podcast! We're so glad you're here. One of our greatest resources in helping you balance being an accountant and a mom, dealing with mom guilt, or how to handle burnout is The CPA MOMS Podcast Whether someone...
Navigating Stimulus Payments and the Recovery Rebate Credit
Determining The Economic Impact Payments Received With many taxpayers receiving both economic impact payments starting in April 2020 and then again in December 2020, taxpayers and practitioners are understandably confused about whether they’re entitled to the...