Taxes & the COVID-19 Pandemic

Coronavirus Tax Relief – Tax help for taxpayers, businesses, tax-exempt organizations and others; including health plans – affected by coronavirus (COVID-19).

Disasters such as Wildfires and Hurricanes – Special tax law provisions may help taxpayers and businesses recover financially from the impact of a disaster, especially when the federal government declares their location to be a major disaster area.

Unemployment Compensation – Millions of Americans got taxable unemployment compensation, many of them for the first time. Taxes can be withheld from their benefits.

Job Loss – IRS Publication 4128, Tax Impact of Job Loss PDF, explains how this unfortunate circumstance can create new tax issues.

Workers moving into the Gig Economy due to the Pandemic – IRS advises people earning income in the gig economy to consider quarterly estimated tax payments to stay current.

Life Changes such as Marriage or Childbirth – Getting married or having a child are just a couple of life events that can affect your refund or how much you owe.