How Will the COVID-19 Pandemic Affect Your 2020 Taxes & Finances?
COVID-19 has affected almost every aspect of our lives over the past year. So it should come as no surprise that COVID-19 will also affect our 2020 taxes and finances. The way we file and pay taxes has been changed largely due to the government's efforts to reduce the economic impact of the pandemic. The government has passed several bills to assist businesses that have been negatively impacted and also help individuals who were laid off or otherwise unable to work.
In this eBook, we will review some of the legislation that has been passed by the government over the course of 2020 and how this legislation will impact your 2020 tax returns. We are specifically focusing on those changes that may directly affect owner-operator truck drivers. As a reminder, this information is subject to change and we will continue to update the eBook as more information becomes available.
If you have questions about your 2020 taxes, please reach out to your ATBS Business Consultant.
If you are not yet a client but need assistance with your taxes, bookkeeping, and accounting, please give us a call at 866-920-2827 or click here to contact us. More information about our services can be found at www.atbs.com.