COVID-19

The COVID-19 pandemic has hit millions of Americans and upended life around the world.  But there is one group that has been hit very hard – moms.  Unexpected job losses, decisions to exit the workforce due to the increasing demands at home to be a homeschool teacher, or increased demands at work while maintaining the home have disproportionately impacted moms.  Unemployment has become a lifeline for many during these turbulent times.  But did you know that this lifeline now has the potential to be a major headache during tax time?   The reason is that unemployment benefits are considered income, similar…