Results for "Tax Refund"16 results found.
How to Spend Your Tax Refund Wisely

With the current tax season underway, now is the time to receive a refund from the Internal Revenue Service (IRS) for tax returns made regarding the prior year's income. Last year, the average tax refund amounted to $2,800 for individuals and families.

by Matin Varshochi
Tax-filing Season Starts January 24, 2022

The Internal Revenue Service (IRS) announced that it would begin this year’s tax filing season on Monday, January 24, 2022.

by Nailah Herbert
Will The Child Tax Credit Be Reduced?

The current $3,600 Child Tax Credit payment will be expiring at the end of the year if Congress does not renew it. The tax credit could potentially return to $1,000 by 2025. If you wish to receive Child Tax Credit payments, you can apply one of two ways.

by Matin Varshochi
How Payroll Withholding Helps and Affects Your Pay

Payroll withholding is when a portion of your income is not included in your take-home pay. Instead, the money taken out of your paycheck is directed towards paying federal, state, or local tax authorities.

by Viviana Vazquez
Parents to Receive Monthly Child Tax Credit Payments Starting July 15th

The Child Tax Credit is a tax refund program offered by the government to help offset some childcare-related costs for parents. Parents will receive $3,600 per child under the age of six and a total of $3,000 per child ages six (6) through seventeen.

by Sheena Allen
The New Child Tax Credit and How it Affects Your Family

The Child Tax Credit, also referred to as CTC, is a tax credit for parents and caregivers to claim on their taxes to help reduce their overall tax bill.

by Viviana Vazquez
Are COVID-19 Unemployment Benefits Taxable?

There has been much confusion around whether unemployment benefits under the CARES Act are taxable or not. As an unfortunate surprise to many, the unemployment benefits are indeed taxable.

by CapWay
Coronavirus Stimulus Package: When You Should Receive Your Payment

The spread of COVID-19 in the United States has put millions of people out of work and has more than 17 million Americans filing for unemployment.

by Nailah Herbert
Withholding: Filling Out Your W-4 Form for a New Job

After being hired, and on day one of a new job, you will be required to complete a W-4 form. We will discuss tax withholding, gross pay, and net pay.

by CapWay
File Your Tax Return and Get Ahead Financially

On January 24, 2022, people can begin filing their federal tax returns for the 2021 tax year. Individual income tax preparation can be tricky, and it is essential that all of the values included when filing your return are accurate.

by Nailah Herbert
Five Ways to Achieve Your Savings Goals

Many people set money aside for an emergency fund to prepare for anything that could happen. However, if achieving your savings goals is something you struggle with, some techniques you can use are creating a monthly budget, reaching out to a financial advisor, and setting up an automatic transfer to help your goals become easier to attain.

by CapWay

out of 2

Download the CapWay App

Access more features to your Money Account

  • Money Goals
  • Request Money
  • Categorize Spending
  • Money Talk

The CapWay, Inc Debit Visa Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

1. For Money Account holders with a negative balance, the CapWay debit card will go into freeze until funds are deposited to bring account back to current. See terms and conditions

2. Sending or receiving money from other CapWay account holders will be instant. Transfers from other accounts could take up to 48 hours, depending on the financial institution.

3. Early access to funds requires direct deposit. Early payment is not guaranteed and is dependent on the timing of payer's submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer's scheduled payment date.

4. Money Goals allows account holders to save money towards financial goals created within the CapWay platform. Funds can be transferred from your Money Account or saved through the rounding up of your transactions from purchases.

5. CapWay offers financial content through Learn Money free of charge, but may include advertisements through affiliates. Phunds, CapWay's literacy program and session, is paid content or co-branded content.

© 2019-2022 CapWay Inc. All Rights Reserved.