Elevate Accounting LLC

Did you claim unemployment benefits on your 2020 tax return as income? The American Rescue Plan Act (ARPA) of 2021, enacted in March, excluded the first $10,200 in unemployment compensation per taxpayer paid in 2020. The IRS automatically issued refunds for those taxpayers affected by this Act.

IRS issues another 430,000 refunds for adjustments related to unemployment compensation | Internal Revenue Service IR-2021-212, November 1, 2021 — The Internal Revenue Service recently sent approximately 430,000 refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for tax year 2020.

The owners, Chad Durkee, CPA and Joel Stadler, CPA, CMA, MBA are excited to officially announce the opening of Elevate Accounting, LLC located in Oshkosh, WI.

The firm is currently accepting new business and individual clients, and will be providing FREE initial new client consultations.

Please "Like" and "Share" our business page. Click the link below to check out our website for more information, or message us on Facebook!

https://www.elevateaccountingllc.com/