by Brittany Harrison | Jan 4, 2021 | General Discussion, IRS & Government, Personal Finance, Tax Tips & Planning
[-- Read Time: 3 mins --] WASHINGTON – The Internal Revenue Service today urged people to visit IRS.gov for the most current information on the second round of Economic Impact Payments rather than calling the agency or their financial institutions or tax software...
by Brittany Harrison | Dec 29, 2020 | General Discussion, Personal Finance
[-- Read Time: 2 mins --] According to a survey by CNBC and SurveyMonkey, remote workers are happier with their jobs than employees who show up to the office. Remote workers are also more likely to work full-time and earn more money. If you’re interested...
by Brittany Harrison | Dec 28, 2020 | General Discussion, Personal Finance, Tax Tips & Planning
[-- Read Time: 2 mins --] Every year the IRS makes inflation adjustments, but this year there are additional tax law changes due to the pandemic. If you received unemployment benefits for the first time this year, you may not know that it’s considered taxable income...
by Brittany Harrison | Dec 28, 2020 | General Discussion, Personal Finance, Tax Tips & Planning
[-- Read Time: 2 mins --] It’s almost time to start doing your taxes. To ensure things go smoothly, there are some important steps you need to take before you file. Gather your receipts and tax documents You can expect your W2s, most 1099s and 1098 forms...
by Brittany Harrison | Dec 28, 2020 | General Discussion, Personal Finance, Tax Tips & Planning
[-- Read Time: 2 mins --] In November 2020, the U.S. Bureau of Labor Statistics reported that 10.7 million people were unemployed. Losing your main source of income can be devastating. However, your new tax status may make you eligible for tax breaks...
by Brittany Harrison | Dec 23, 2020 | General Discussion, Personal Finance, Tax Tips & Planning
[-- Read Time: 2 mins --] Don’t lose money by not filing a tax return. In July, the IRS revealed that it had more than $1.5 billion in unclaimed refunds because 1.4 million people didn’t file their 2016 federal return. The average refund was around...