Tax changes that will affect your next return
[-- Read Time: 3 mins --] Now that this year’s filing season is over, it’s time to start thinking about next year’s taxes. A little planning now can save you money in the future. To help you get started, we’ve created a list of tax changes that will affect...
What are the penalties and interest for filing taxes late?
[-- Read Time: 2 mins --] The tax deadline has come and gone, but there are still people who haven’t filed or paid their taxes. Taxpayers who earned less than $12,550 in 2021 aren’t required to file and won’t be penalized. However, they may miss their...
What does “Your return is being processed” mean?
[-- Read Time: 2 mins --] You’ve done your taxes and now you can relax while you wait for your refund. Usually after 24 hours, you can start tracking your money using the “Where’s My Refund?” tool on IRS.gov. You’ll need your social security number or...
Missing Your W-2? Here’s What to Do
[-- Read Time: 2 mins --] It’s a good idea to have all your tax documents together before preparing your 2021 tax return. You will need your W-2, Wage and Tax Statement, which employers should send by the end of January. Give it two weeks to arrive by mail. If you...
Tax Basics: Understanding Your W-2
[-- Read Time: 4 mins --] As soon as January hits, many employees begin counting down the days until they receive their W-2. It’s not the act of doing taxes that brings us joy, it’s the possibility of getting a big refund. While some people simply...
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