Results for "tax credit"21 results found.
Cost of Filling Gas vs Electric Car

As electric vehicles have been proven to possess many benefits, such as a lower average cost, it is essential to analyze the costs associated with both types of cars, to determine which one is ultimately better.

by Sheena Allen
When Will I Get My Tax Refund? 22 Million Already Have

The Internal Revenue Service (IRS) has begun giving out tax refunds, with 22 million already receiving their money, with the average recipient receiving $3,536. Here are some ways to help expedite the process of receiving a tax refund.

by Viviana Vazquez
How is Crypto Taxed?

The Internal Revenue Service (IRS) has decided to begin taxing cryptocurrency profits as many did not report having crypto assets, leading to them understating their income and the amount of taxes paid.

by Viviana Vazquez
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
How Are Remote Workers Taxed

At the start of the COVID-19 pandemic, many were trapped inside their homes with nowhere to go. In addition, due to the lockdowns imposed by the government, many were unable to go into their place of work.

by Sheena Allen
How To Get Faster Returns During This Tax Season

On Jan. 24, 2022, the Internal Revenue Service (IRS) began accepting and processing 2021 income tax returns. During this period, individuals can begin their individual tax returns and can hope for a chance of receiving their tax returns within 21 days.

by Matin Varshochi
Filing Taxes on a Budget? Here Are 10 Options

Filing your taxes can be a stressful time, even more, if the budget is tight! Here are ten resources to research for tax season!

by Nadia C. Vanderhall
Will There Be a Fourth Stimulus Check?

The COVID-19 pandemic continues to be a global issue as new variants are spreading. As people continue to struggle, 2021 ended without a fourth stimulus check to keep households afloat.

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
Biden Proposes to Allow IRS to Watch Bank Accounts over $600

One of the American Families Plan’s goals is to allow the IRS to monitor transactions of bankers over $600 to ensure that people are not lying about their taxable income.

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
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