Tax day is getting nearer so it’s time to review some of the biggest changes to your taxes this year. An important note: when you file your taxes on or…
Tag: tax return
As part of the 2020 CARES Act Coronavirus relief program, the IRS sent stimulus checks (or “economic impact payments”) to many Americans. If you haven’t yet received your stimulus check,…
Back in March, the IRS announced they would postpone the tax filing and payment deadline to July 15th, 2020 from April 15th as part of the Coronavirus Aid, Relief and…
Taxes can be confusing:; they are complex and the rules are constantly changing! Because of that confusion and complexity there are some stubborn myths about taxes. Take our Tax Myth…
Tax credits and deductions are two of the few bright spots during tax time since they reduce the amount of taxes you have to pay. Tax credits are an amount…
Nobody wants to pay more taxes than they have to. The two most common ways to reduce what you owe are tax deductions and tax credits. Tax credits reduce your…
We all have that pile of “important” documents that we’re not sure if we should keep or toss. Or maybe you get most things electronically now and have been saving…