Tax season doesn’t have to mean stress and confusion – especially when there’s money waiting for you. If you’re working hard but barely scraping by, the Earned Income Tax Credit (EITC) could be your ticket to a bigger refund. The catch? You’ve got to nail the EITC income limits. Miss them by a dollar, and […]
Paying taxes is no fun for anyone—especially rental property owners watching a chunk of passive income go towards Uncle Sam’s pockets. With layers of complex rental property tax codes, you might feel defeated and overwhelmed trying to make sense of it all. But what if we told you there are little-known, yet legal, tax secrets that […]
Imagine this: You’ve just moved into your new home, but your tax refund – or worse, an IRS notice – ends up lost in the mail. Ignoring your IRS change of address isn’t just an oversight; it’s a gamble with real consequences. Delayed refunds, missed deadlines, or even penalties can snowball from a single outdated […]
Since Covid-19 was declared a pandemic on March 11, 2020, by the World Health Organization, the United States government has made efforts to help individuals and businesses. On July 15, the IRS will start sending out the advanced payments of the child tax credit from the American Rescue Plan to eligible families. The Advanced Child […]