Sidney Kess Government Benefits for COVID-19 Relief: Taxable or Nontaxable?
In his Tax Tips column, Sidney Kess highlights how the federal, state and local governments have provided or are providing a variety of measures to help individuals and businesses get through the economic challenges presented by the pandemic.
August 25, 2020 at 12:37 PM
7 minute read
Federal, state, and local governments have provided or are providing a variety of measures to help individuals and businesses get through the economic challenges presented by the pandemic. From a tax perspective, some of these benefits are taxable, while others are tax free. Here is a roundup of the tax treatment of some COVID-19-related benefits.
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