COVID-19 & Tax Season: The IRS Has Extended The 2021 Tax Filing Deadline
The IRS has extended the tax filing season for a second time since the start of the COVID-19 pandemic. Here's what those who have yet to file their tax return need to know.
62, 70 or Somewhere In Between? It's Time to Answer the Question Once and For All: When Should I Claim Social Security?
Deciding to wait or claim Social Security benefits is a personal decision. Here are some important factors anyone nearing or in retirement should consider now.
A Federal Wealth Tax Has Been Introduced in the Senate. Here's What You Need to Know
Learning that you may be faced with an additional tax burden never feels good. On March 1, the Ultra-Millionaire Tax Act was introduced. If passed, certain affluent families could see their tax obligation increase. Will this trickle down to lower levels of wealth?
You've Been Told Owning a Home Is Better (Financially) Than Renting. But Is That True For Everybody?
Is it better to buy or rent? This decision can vary for everyone, consider these advantages and disadvantages for each.
You Want to Offer a 401(k) For Your Employees. As a Small Business Owner, These Are the 3 Next Steps to Take
As a small business owner, offering a 401(k) is a great incentive for attracting and retaining employees. Get started by following these 3 important steps.
Keep These 5 Filing Tips in Mind Before Completing Your 2020 Tax Return
Whether you're taking a DIY approach to filing your taxes this year or working with a professional, here are 5 filing tips to help make things a little easier.
Federal Tax Filing Season Starts Soon
The IRS has announced that the federal income tax filing season for tax year 2020 returns begins on Friday, February 12, 2021. Although tax seasons frequently begin in late January, the additional time will allow the IRS to update its programming and test its system to take into account any changes made by the Consolidated Appropriations Act, 2021 (CAA 2021), signed into law on December 27, 2020. Last-minute changes to tax law have already been included in IRS tax forms and instructions.
Capital Gains & Your Taxes: A Brief (But Important!) Guide
Capital gains taxes apply to more than stocks. And the amount you pay will depend on a variety of factors. Here's how capital gains taxes work and a few methods you can use for reducing them.
Inauguration Day Is Coming: What Financial Challenges Could High Earners Face During the Biden Administration?
After a tumultuous 2020 election season, inauguration day is almost here. If you are a high-earner, here are 6 challenges that could arise during a Biden administration.
Most CARES Act Benefits Are Ending on Dec. 31st. Are You Prepared?
After months of extensions, most of the benefits included in the CARES Act are expiring at the end of the year. Learn how this affects you and what you can do to move forward with financial certainty.