Disposable and discretionary income can be better understood regarding student loan payments. Here’s what you need to know.
by Shaun MorganAtiya Brown is the Founder and CEO of The Savvy Accountant, which helps small businesses solve complex tax issues and save money on their taxes. She joins Culture Meets Money to share her best tax tips that every successful entrepreneur should know.
by Nailah HerbertOn August 12, 2022, the Inflation Reduction Act was introduced. The Act determined the Internal Revenue Service (IRS) should receive an additional $80 billion over the next ten years to help with tax enforcement on high-net-worth individuals.
by Matin VarshochiOn July 30, 2022, a $1.34 billion jackpot was won in a Mega Millions lottery. As this amount was the second highest recorded in United States history, it is the perfect time to go over the process of winning the lottery, from the luck it requires to how the winnings can be claimed and the disadvantages of winning a lump sum of money with practically no effort.
by Matin VarshochiEvery year, between January 1 and April 15, one must file tax returns with the federal government. To aid them with determining the amount of taxes owed for each applicant, the federal government uses income tax brackets to determine the effective tax rate.
by Matin VarshochiOwning an investment property can help you earn incremental cash, increase savings on your tax return and build generational wealth. Read on to learn the four key steps for beginners to buy an investment property.
by Pam HillOften, they go to TurboTax, which offers free tax filing services for its customers. However, Intuit, the owner of TurboTax, has been ordered to pay $141 million to its customers who used their services to file their income tax returns from 2016 to 2018.
by Sheena AllenFiling your taxes is stressful, but it is more stressful when you're not prepared. Tax planning can take the stress out of filing your taxes and save you thousands.
by Shaun MorganThe 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 VazquezThe 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 VazquezWith 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