Ann and Dan discuss filing your tax return during the pandemic when many people have received unemployment for the first time in their lives. Some people are unaware that unemployment compensation is taxable income but it is not considered earned income. We also discuss how tax preparation services such as H&R Block, Libery Tax, Jackson Hewitt, etc. are NOT responsible for any errors on your tax return. Ann shares a story about how one of her clients currently owes the IRS thousands of dollars because a tax "professional" neglected to report all of their income.
Disclaimer: Some of the information has changed since the time of this recording.
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