Did you know that each year the IRS has upwards of a billion dollars in unclaimed tax refunds? That’s right, a billion dollars of money that is owed to taxpayers across the country. How does this happen?
“Sí se puede” and “Ponte las pilas” are two of the most common phrases Latinos hear when growing up. But how much do the new generations of Latinos believe in these phrases when applied to their education and financial...
Although the federal tax deadline was recently extended from April 15 to May 17, 2021, taxpayers are encouraged to file their taxes now to get their refund ASAP. Most people receive a tax refund each year and last year the...
Tax Year 2020 Filing and Payment Deadline Information In response to the impact Coronavirus has been having on Americans, the IRS, and most state departments of revenue have extended the tax filing deadline for tax year 2020 (the taxes you...
The past year has been taxing… to say the least. The changes we’ve experienced — and the challenges that we’ve faced along the way — have provided plenty of life lessons and a renewed appreciation for the moments that brighten...
At this point you probably would like to put 2020 behind you. But as with every year, the last thing lingering to get done is your taxes with the filing season here. This tax season however, there are changes to...
The recently passed third stimulus relief package, known as the American Rescue Plan, expands federal unemployment benefits and provides tax free unemployment benefits. If you received unemployment benefits, TurboTax is here to help you understand what all of this means...
The average direct deposit tax refund was close to $3,000 last tax season, and with tax season well underway, it’s no surprise that the most common tax season-related question we’re now hearing is: “Where’s my refund?” The time it takes...
Even with good insurance and a low deductible, no one truly enjoys paying medical bills. One bright side to big bills is the opportunity to claim your medical expenses as a deduction on your tax return, as long as your...
Whether your hobby became your main business or you began working a side hustle to supplement your income, starting your own self-employed business can be an exciting time. It can also be an uncertain time as you try to navigate...
