December is a time for giving gifts, and some employers give year-end bonuses to their employees to show gratitude for a year of faithful service. If your employer has promised you a bonus, you’re likely already thinking of all the...
As of November 2020, the U.S. Bureau of Labor Statistics, reported that many Americans – roughly 10.7 million that is – were unemployed. This means millions of Americans were set to lose unemployment benefits if the second coronavirus relief package...
With tax season right around the corner, you may be wondering whether you paid enough taxes this year. Have no fear — we’ve compiled a list of money moves you can make before December 31st to improve your tax picture....
With all the information covering the stimulus checks and payments you may have heard the phrase Recovery Rebate Credit thrown around and are wondering, “what is the Recovery Rebate Credit?” or “Do I qualify for the Recovery Rebate Credit?” Don’t...
In case you missed it, we recently announced TurboTax Live Full Service, a new offering that will transform tax preparation for taxpayers this season, and we couldn’t be more excited. TurboTax Live Full Service allows you to virtually connect to...
Contributing to your retirement account is one of the best ways to reduce your taxable income and increase your potential tax refund. While some retirement accounts have year-end deadlines for contributions and required distributions, others give you extra time to...
When stock market prices took a dive at the beginning of COVID-19 millions of people jumped into the stock market to take advantage of the low prices and millions also sold stock this year for the first time. Many of...
If you are self-employed, a freelancer, contractor, or work a side gig, you may be used to receiving Form 1099-MISC that reports your self-employed income at tax time. Beginning with tax year 2020, the IRS will require your self-employment income...
This year has certainly created new challenges for everyone. Not only do many families have to deal with coronavirus, but they also have to cope with financial fallout. Having to Move to a Different State During Coronavirus It could be...
When I first started investing in the stock market, I wasn’t quite sure what I was doing. I wasn’t sure if my purchases would lose value the moment I bought them or if they would grow into exponential figures. I...
December is a time for giving gifts, and some employers give year-end bonuses to their employees to show gratitude for a year of faithful service. If your employer has promised you a bonus, you’re likely already thinking of all the... 
