12 Ways To Save On Taxes Through Life’s Transitions

There are ways to save on your taxes through life’s transitions. Here are 12 tax tips to help you save through major life events. CLICK ON THE HEADLINE FOR MORE

Unemployment Benefits Were Tax-Free In 2020. Don’t Expect That In 2021

It’s unlikely that lawmakers will decide to let those collecting jobless benefits in 2021 forego paying taxes. Anyone receiving those benefits now should plan to pay the IRS a portion of that money. CLICK ON THE HEADLINE FOR MORE

IRS Sending Out 4 Million Refunds To Taxpayers Who Overpaid On 2020 Unemployment Benefits

Many taxpayers had already filed their tax returns before the American Rescue Plan Act was excluded from taxable income. For taxpayers who overpaid due to the exclusion, the IRS will either refund the overpayment or apply it to any other outstanding taxes. CLICK ON THE HEADLINE FOR MORE

Economists Agree Inflation May Hit 5.5% This Year

Economists agree that inflation may rise up to 5.5% at the end of 2021 but are still uncertain what levels it will reach by 2022 and what policies the Federal Reserve Bank will take. CLICK ON THE HEADLINE FOR MORE

Stimulus Check Update: Homeowners Could Be Entitled To More Money

If you’re a homeowner, you may not have to wait for a fourth stimulus check to get your hands on more government money. CLICK ON THE HEADLINE TO FIND OUT IF YOU’RE ELIGIBLE.