Results for "tax"122 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
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
College Students Lost $3.7 Billion in FAFSA Aid

Previously, nearly 56% of high school graduates had filled out their FAFSA applications prior to the pandemic. However, once the pandemic hit and all education was forced to be done remotely, the percentage saw a fall to 53%.

by Viviana Vazquez
Tips for Buying an Investment Property on a Budget

One of the great thrills and challenges for any new home buyer or real estate investor is finding a house that fits your budget. But even in today's hot market, some inside tips and strategies that can put you ahead of the crowd.

by Pam Hill
Mortgage Pre-Qualification vs. Pre-Approval

Purchasing a home is a big financial step. One of the most common words you will hear throughout your house buying process is pre-qualification and pre-approval. It's essential to know what these two terms mean when buying a home.

by Sha'Kreshia Terrell
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
Four Types of Budgets to Level Up Your Finances

There are four common budgeting styles: the line budget, the 50/30/20 budget, the zero-based budget, and the envelope (cash) budget. Choosing a budget that best fits your lifestyle and financial situation is important. A budget can help you save, track spending, and build wealth.

by Shaun Morgan
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
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
The Small Business Economy is Expected to Rise in 2022

Intuit surveyed 8,000 people regarding whether they dream of becoming a small business owner. Out of the 8,000 people interviewed, 83 percent responded that the pandemic played a role in accelerating their plans to leave their jobs and open their businesses.

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
Finances Are The Top Mental Health Stressor For Millennials

Many Americans are struggling with handling their finances due to various reasons, and it’s starting to take a toll on their mental health. During the COVID-19 pandemic, mental health woes have increased in many young adults.

by Nailah Herbert
How To Make Your Child Rich Through a UTMA Account

Providing financial stability for their children is typically the main priority for parents; especially, as children start approaching a certain age where they can fully understand how to utilize their assets and funds best. However, choosing what type of account would best benefit your child’s future can be challenging.

by Matin Varshochi
Invest in Your Child’s Future Through a UGMA Account

A Uniform Gifts to Minors Act (UGMA) is an investment account for minors, allowing adults to give or transfer assets into the underage person’s account to help them save for college or be financially independent.

by Matin Varshochi
The Inflation Rate’s Rising: Here’s Why You Need to Invest

The COVID-19 pandemic caused the economic growth of the United States (U.S.) to come to a halt. As a result, many Americans relied on the COVID-19 relief packages the U.S. government provided.

by Matin Varshochi

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