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Monthly Archives: August 2021

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Double Check

Why it Pays to Double-Check Your Taxes

UncategorizedBy Meadville Tax ServiceAugust 24, 2021

Are you sure you got your maximum refund last year? Did you owe more than you expected? What about the last 3 years? Maybe you didn’t claim all the credits or deductions you deserve on a past-year tax return – and that can mean missing out on money you could put toward bills, start saving,…

Unemployment exclusion

Will My Unemployment Taxes be Excluded for 2020?

UncategorizedBy Meadville Tax ServiceAugust 10, 2021

“What if I filed my 2020 return before the American Rescue Plan Act & paid taxes on my unemployment?” This question has been on the minds of tax preparers and our clients all spring! We’re here with the answers you need.  Normally, any unemployment compensation someone receives is taxable. However, a recent law change allows…

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