Dear Clients & Friends, Millions of parents received their second Child Tax Credit (CTC) checks on Friday, August 13. However, we understand that many are still waiting for their first and second payments or wonder if they should opt out of the credit altogether. We also understand the frustration from many of you who haven’t […]
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In recognizing the immense efforts nonprofits and charitable organizations have on impacting their communities, we’d like to introduce the launch of the CJBS Community Pledge, our commitment to giving something back to the communities that sustain us. At CJBS, we are proud to serve our communities every day by providing the best possible service to our clients.
The IRS and our home state of Illinois have announced postponing the deadline for all individual tax returns from April 15 to May 17 this year in realizing the hardship that many taxpayers are still experiencing as a result of the Covid-19 pandemic.
The President yesterday signed the American Rescue Plan Act into law, so the much anticipated $1.9 Trillion Covid-19 stimulus package is official.
On October 8, 2020, the Treasury and the Small Business Administration (SBA) announced a streamlined process for all loans under $50,000, and published a simplified application form.
Last month, an executive order was signed deferring a portion of payroll taxes. This means that employers can opt to not withhold certain taxes from their staff compensation for the rest of this year. For the employees, it means that they will get more take‐home pay now on the understanding that the sums not withheld […]