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 VarshochiAt 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 AllenPreviously, 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 VazquezOne 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 HillPurchasing 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 TerrellOn 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 VarshochiThere 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 MorganThe 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 HerbertFiling 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. VanderhallIntuit 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 VarshochiThe Internal Revenue Service (IRS) announced that it would begin this year’s tax filing season on Monday, January 24, 2022.
by Nailah HerbertMany 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 HerbertProviding 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 VarshochiA 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 VarshochiThe 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