Families First Coronavirus Response Act

Families First Coronavirus Response Act

Eligible self-employed individuals will determine their qualified sick and family leave equivalent tax credits with the new IRS Form 7202, as an addendum to the 2020 Form 1040 for leave taken between April 1, 2020, and December 31, 2020, and the 2021 Form 1040 for...

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You’ve Got PPP Funding, So, Now What?

You’ve Got PPP Funding, So, Now What?

Right now, the thing on every business owner’s mind is the new round of Payroll Protection Program – PPP – funding. And many of you out there may have already received those funds. If you do, it’s definitely time to start asking yourself some important questions,...

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The Earned Income Tax Credit

The Earned Income Tax Credit

Applying for the Earned Income Tax Credit is more important than ever this year due to the important COVID-related changes. This year, tax filers will see significant changes as a result of COVID-related stimulus checks and unemployment, which are not considered...

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Payroll Protection Program and Your Tax Returns

Payroll Protection Program and Your Tax Returns

It’s tax season again, and we’ve been talking a lot about the new round of Payroll Protection Program – PPP – funding available to those business most affected by the COVID-19 pandemic. Dunham Tax Professionals keeps this blog in an effort to inform you – in as timely...

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