In mid-March, the Internal Revenue Service (IRS) announced an extended tax deadline for 2020 tax year filings. You may be wondering, why was the tax deadline extended? The answer will likely not come as a surprise. The IRS delayed the familiar April 15 fed tax deadline in part because of changes to the taxation of […]
It’s a tax season like no other. Given all that’s going on in the world, it’s understandable that for many folks, priorities have shifted. This year’s tax refunds will likely be greeted with exhausted enthusiasm. But what should you do with your tax return to get the most out of your refund this year? While […]
It’s that time of year! To help you prepare ahead of filing taxes this tax season, we’ll discuss: What documents and information to gather Why you might want to consider last-minute deductions The best time to file depending on whether you’re expecting a refund versus owing additional tax Keep in mind that for specific questions […]
As you make your annual commitment to start eating better and working out more, consider tackling your financial wellness, too, with these 11 financial New Year’s resolutions. From spending and budgeting to saving and learning, each of the new year money resolutions below could go a long way in improving your financial wellbeing in 2021 […]
‘Tis the season of giving, and with that, you might be wondering about the tax benefits of donating to charity. As American historian, author, and social justice advocate Mary Ritter Beard said, “The results of philanthropy are always beyond calculation.” Philanthropy is key to living a fulfilling life, not only because of the possible tax […]
Looking for financial assistance during COVID-19? Here’s the information you need about mortgage grace periods, student loan relief, credit card relief, and more.