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Second Stimulus Checks for 2020

On Monday, December 21, 2021, Congress passed a new coronavirus stimulus package known as the Consolidated Appropriations Act of 2021.  This 5,600-page bill provides $600 per individual, $1,200 per couple, and $600 for children. It’s available for individuals with adjusted gross income at or below $75,000 ($112,500 for heads of household), and couples with adjusted […]

Auto Mileage Rates for 2021

December 22, 2020 – The IRS announced today the new auto mileage rates for 2021. Per IRS Notice 2021-02, effective January 1, 2021, the rates per mile will be: Business – $0.56 Medical or moving – $0.16 Charitable – $0.14 You also have the option of calculating the actual costs of using your vehicle rather […]