Restaurant And Food Business Re-opening in 2021

2020 caused many disruptions for small businesses, including restaurants, coffee shops and bars. Many of these businesses were forced to stop offering in-house dining and switch to a model of only pickup and delivery. Even when restrictions lifted, restaurants in many locations were only allowed to fill up at 50% capacity or less. The future […]

Coronavirus Stimulus Payments And US Tax Filing In 2021

Back in March 2020, the CARES Act mandated a one-off stimulus payment for American individuals to help offset the economic impact of the Coronavirus pandemic. Stimulus payments were worth a maximum of $1,200 per American citizen (so $2,400 for couples filing jointly if both are Americans), and $500 per dependent child. A second stimulus check […]

Treasury and IRS begin delivering second round of Economic Impact Payments to millions of Americans

IR-2020-280, December 29, 2020 WASHINGTON — Today, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of payments earlier this year. The initial direct […]