2020 Popular Tax Questions

Sticky notes with question marks
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

Every tax filing season comes with its own set of challenges and questions, but because of Covid regulations, stimulus checks, and two hurricanes that categorized many communities along the Gulf Coast as disaster zones, we’re getting more questions than usual! Here are some of our most frequently asked questions and the answers we’re sharing.  If you have a question but you don’t see it here, click the button below to submit it.

Do I need to report my Stimulus Payments?


The stimulus payments were a CREDIT, so if you did not receive them, we need to know so you can get a bigger refund
How Much Should I Get?

Will I pay taxes on the Stimulus Payments?


These payments are not included in 2020 income
Click Here For More Info

What if I didn't get a Stimulus Payment?

Let us know!

Either you were above the thresholds OR you're getting a bigger refund.
Click Here For More Info

Can I deduct the cost to repair damages from Hurricane Sally/Zeta?

You can - it's a little tricky.

The amount you can deduct depends on whether your costs are for FULL or partial repairs.
Show Me What You Mean

Will I Pay Taxes on Unemployment Pay


You have to elect to have federal taxes taken out of unemployment pay - if you didn't - you may owe money.
Click Here For More Info

Work With Us

We have four office locations to best serve you and your business. Feel free to stop by, call, or send an email to learn more about our services.

Call Now ButtonCall Us NowScroll to Top