Looking For Deductions On Your Taxes? A Tax...
Looking back in the past year for any chances of deductions? A principal tax research analyst gives some advice on what to expect....
For Gig Workers and Business Owners, Taxes Are...
Always complicated for freelancers and business owners, tax time this year is especially swampy. Pandemic relief programs that helped...
Will Dependents Be Eligible For The 3rd Stimulus...
Signed into law by President Joe Biden on March 11, eligibility for stimulus requirements are somewhat different than the first two...
Preparing a tax return is not most people’s idea of a good time. As a result, we tend to procrastinate and wait until the last minute to file our returns. However, there are good reasons to start preparing your tax return as soon as you have all the necessary documents. CLICK ON THE HEADLINE FOR MORE
Extemded unemployment benefits provided much-needed relief to 40 million people in 2020, But Americans could be facing hefty tax bills in April if they didn’t realize unemployment benefits are taxable by the federal government and by some states. CLICK ON THE HEADLINE FOR MORE
There are several circumstances in which the IRS would want you to return a stimulus check you received in error. It’s also important for you to know your stimulus check rights and key details about the checks and taxes. CLICK ON THE HEADLINE FOR MORE
If you worked from home, received a relief payment, took on some gig work or filed unemployment benefits — or someone filed a fake claim in your name — there are things you need to be aware of. Likewise if you normally receive certain tax credits. CLICK ON THE HEADLINE FOR MORE
President Joe Biden has his own tax changes in mind. That could put more money in some people’s pockets but negatively impact the country’s wealthiest at the same time. FOR A FEW SPECIFIC CHANGES THAT MAY COME TO BE, CLICK ON THE HEADLINE
While there’s a lot of good financial advice that could be beneficial to someone trying to save money, there’s also some really bad guidance being given. The Reddit community was recently ask “What’s the worst piece of financial advice somebody has given you?” The responses were downright concerning. CLICK ON THE HEADLINE FOR THE BEST ONES
People who did not and are not withholding taxes from their unemployment checks could be in for a big surprise when they file taxes this year. You could be paying the IRS as much as 25% of your total unemployment payments. CLICK ON THE HEADLINE FOR MORE
Your federal tax returns play an outsize role in your second stimulus payment and likely your third payment, too. With Tax Season 2020 just around the corner, here’s what you need to know. CLICK ON THE HEADLINE FOR MORE
Joe Biden has called the current $600 round of cash a “down payment.” The President-elect plans to lay out a proposal for a massive new COVID relief package, including fresh direct payments to Americans. CLICK ON THE HEADLINE FOR MORE
To give you a head start, here’s something that will make you feel good about your tax return: Standard deductions are increasing for 2021! CLICK ON THE HEADLINE FOR MORE
