Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

IRS to Recalculate Taxes on Unemployment Benefits

IRS to Recalculate Taxes on Unemployment Benefits

By: Brandon Allfrey, CPA The IRS announced plans to begin correcting 2020 individual tax returns that reported unemployment compensation prior to the recent changes in the American Rescue Plan.  Under the new law, the first $10,200 of unemployment compensation received […]