When “The CARES Act” was enacted in late March. Everybody knew the $600/week unemployment benefit portion was expiring on July 31, 2020. If politics were like golf, originally (in July) the Senate was playing for the “COVID” 19th hole, whereas the House of Representatives was playing for the next round.
The Trump Tax bill has affected individuals and businesses both in the USA and abroad. It’s still being dissected. Check out these facts: Eliminates health ins tax penalty in 2019: The 12/22/2017 tax bill signed into law eliminates the tax penalty for individuals who fail to maintain (MEC) minimum essential coverages as of 1/1/2019. The Employer Mandate still applies: Applicable…read more →
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