Most Taxpayers Who Requested an Extension to File Must File Today
Today is the filing extension deadline. Most taxpayers who requested an extension of time to file their 2019 tax return must file today. Those filing today who also owe taxes should pay as much as possible to reduce interest and penalties. The extension of time to file is not an...
Tax Tips You Need to Be Aware of During the Holidays
It's that time of year again. The holidays are almost in full swing, the weather's getting colder and before you know it, tax time will be here! We know the last thing you want to be doing during the holidays is thinking about taxes. But what you do before the end of the year could...
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Federal Benefit Recipients With Children Have More Time to Get the $500 Economic Impact Payment
The IRS has reopened the registration period for individuals who receive Social Security, Supplemental Security Income, Railroad Retirement or veteran's benefits, but didn't receive $500 per child earlier this year when they received their own Economic Impact Payment. Federal...
7 Online Businesses You Can Start from Home
It has never been easier to start an online business. The user-friendly tools and access to global traffic sources make entrepreneurship possible for people of all levels of experience. The online business world is highly competitive, though, so there are no guarantees of success....
How to Save Money While Paying Off Debt
During recessionary times, many Americans experience hardships like job loss that negatively impacts their way of life. This may cause people to fall behind on bills and send their financial well-being seemingly spiraling out of control. Even after people have found new employment,...
People Should Have Tax Withheld From Unemployment Now to Avoid a Tax-Time Surprise
Due to the Coronavirus pandemic, millions of Americans received or are currently receiving unemployment insurance payments, many of them for the first time. It's important for these individuals to know that unemployment compensation is taxable. People can have taxes withheld from...
Stay Organized for Next Year’s Tax Return
Tax season has come and gone, but staying on top of finances and keeping organized for next year’s tax return is an ongoing process. So, every year around this time I start to do some spring cleaning with my financial papers. I’ve learned a lot from financial experts that I have...