News | KD Accounting Services

Mar 16, 20211 min read

IRS Statement - American Rescue Plan Act of 2021

March 12, 2021 The IRS is reviewing implementation plans for the newly enacted American Rescue Plan Act of 2021. Additional information...

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Mar 14, 20212 min read

Golden State Stimulus

California will provide the Golden Status Stimulus payment to families and people who qualify. This is a one-time $600 or $1,200 payment....

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Mar 14, 20213 min read

New Exclusion of up to $10,200 of Unemployment Compensation

If your modified adjusted gross income (AGI) is less than $150,000, the American Rescue Plan enacted on March 11, 2021, excludes from...

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Mar 14, 20216 min read

More details about the third round of Economic Impact Payments

FS-2021-04, March 2021 The Internal Revenue Service, on behalf of the Treasury Department, worked to quickly begin delivery of the third...

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