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Looking for a sign? Here's your Monday Motivation from San Jose based AC Tax

Congress came up with a special way to calculate the EITC and the child tax credit for 2020 that may be very beneficial for taxpayers whose income from working declined in 2020.

Here's your tax fact of the week from your friends at AC Tax.

Mom and pop businesses with fewer than 20 employees are given a 2-week exclusive application period for PPP Loans.

A little inspiration from AC Tax. Wednesday Wisdom

For low- and moderate-income workers, the saver's credit can be used to offset part of the first $2,000 workers can voluntarily contribute to an IRA or their employer's qualified retirement plan. It helps individuals who don't normally have the resources to set money aside for retirement and is available in addition to the other tax benefits associated with retirement plan contributions.

This is our annual reminder for you to file worker 1099s if you use workers other than employees to perform services for your business.

Congress has reached an agreement on an emergency coronavirus relief bill which provides additional stimulus payments, extends unemployment benefits and provides another round of forgivable PPP Loans for small businesses.

Make your Monday great with this motivation from AC Tax