Tag: Unemployment Compensation

Understanding Taxes Owed On Unemployment Compensation in 2020

Understanding Taxes Owed On Unemployment Compensation in 2020

| February 12, 2021 | 0 Comments

The United States unemployment rate peaked in April 2020 at 14.9% a height not achieved since we started keeping trap in 1948 before declining to a still-high 7.6% in December to close out the year. That represents many Americans who will find themselves fighting with the tax owed on unemployment checks when the tax season […]

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