Common reasons people owe taxes + how to not owe the IRS money after filing; preparing to receive a refund; saving money If you’ve ever filed your taxes and saw that your tax “refund” was looking more like a financial loss, you’ve likely also...
Gain financial freedom with these simple yet effective tips (and you don’t have to make six-figures a year to do so) Learning how to buy a home is just as important as addressing how to tackle debt. The reason I’m contrasting buying a home to lowering debt...
Tax terminology is important to know but confusing to understand, so we’re explaining 10 words we see often but tend to confuse or simply don’t know much about What’s a tax credit? Itemized deduction? The difference between income tax withheld and...
I understand. You get a bonus from your employer and see that taxes were withheld at a whopping 50%! Or something like that. That $3,000 bonus you were expecting ending up being a little more than $1,500 in your bank account. I will get into the details of the data...
The relationship between COVID-19 and employment taxes is an everchanging one marked with uncertainty and, as a result, stress for many — employers and employees alike. If you are an employer or employee, gaining some insight on some acts passed regarding the...
Life is full of deadlines. From monthly bills to project due dates, one’s calendar can fill up fast. And it seems that no matter our organizing genius or planner mentality, some important dates can get forgotten. However, when it comes to your taxes, these are the due...