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 VazquezSince 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.
by Nailah HerbertA report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.
by Viviana VazquezAre you ready to start investing but unsure of where to begin? Here’s what you need to know to start investing intelligently on your own.
by Viviana VazquezPayroll 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 VazquezIf you are either an upcoming or current college student, you should constantly be looking at scholarships and grants as your first choice to pay for college instead of setting for student loans. After all, free money over student loan debt wins every time.
by Viviana VazquezThe 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 AllenParents who qualify for a stimulus check are eligible to receive an extra $1,400 if they give birth anytime during 2021, according to the new COVID-19 relief bill, which Congress passed on March 10, 2021.
by CapWayThe 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 VazquezPresident Joe Biden signed the latest Covid Relief bill on Thursday, March 11, 2021. The $1.9 trillion package includes up to $1,400 in direct stimulus aid, additional weekly unemployment supplements of $300.
by Viviana VazquezThere 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 CapWayOn December 27, 2020, President Donald Trump signed the $900 billion coronavirus relief bill that included $600 checks to millions of Americans struggling financially amidst the ongoing pandemic.
by CapWayEstate planning is an essential part of creating financial stability. An estate plan helps your family and friends understand your wishes, and it assigns beneficiaries while you are living and after your death.
by CapWayThe earlier you start saving, the more time your money has to grow. Making smart money decisions in your 20's and 30's can make all the difference when you are ready to retire. At an age where you are fresh into your career.
by Nailah HerbertHave you looked at your paycheck and asked yourself, “Where are all these tax deductions going?” Great question, and we are here to give you answers!
by CapWay