Check to See If Your Tax Bracket Is Changing for 2024
On Thursday, the IRS released its annual adjustments for the 2024 tax year, which include changes to income tax brackets and a higher standard deduction. These shifts happen every year…
You Might Want to Spread Out Your Severance Pay
While it’s always challenging to lose your job, the severance package offered by your employer can soften the blow. However, before accepting a lump sum severance payment, it’s worth considering…
Take Advantage of These Tax Tips to Pay for College
Typically when you hear “distribution planning,” you think of retirement. However, the tax planning that goes into retirement planning can be applied to other major expenses; namely, paying for college.…
How to Financially Prepare for Your Parents or In-Laws to Move In
Life can take some unexpected turns. Most of us imagine a specific trajectory to our lives: You grow up, move out, get a job, and live independently from that point…
Why Your Tax Refund Wasn’t As Big This Year
As a taxpayer, you get a federal refund whenever it turns you overpaid taxes throughout the year or had withheld from your paychecks more than what you ultimately owe. If…
How to Check If the Government Owes You Stimulus Money From 2022
Last year over 50 million Americans received some form of stimulus check from their states. While these payment amounts weren’t as large as the federal stimulus checks for 2021 pandemic…
Don’t Forget the New Federal Tax Deadline This Year
Photo: Tama2u (Shutterstock) According to a recent survey from Empower, only 44% of Americans know when the deadline is for filing your 2022 taxes, so let me set the record…
You’re Probably Eligible to File Your Taxes for Free
Photo: Ground Picture (Shutterstock) As if paying your taxes wasn’t painful enough, paying to file your taxes adds insult to injury. How much you pay for tax preparation depends on…
Here’s the Latest Date You’ll Receive Tax Forms This Year
Photo: fizkes (Shutterstock) The due date for filing your 2022 taxes is creeping up. The last thing you want is to be nearly done filing, only to realize you’re missing…
Here’s What Every Line of Your Paycheck Actually Means
With the convenience of direct deposit, most of us never look at our pay stubs—but maybe we should. Whether you’re earning a salary or an hourly wage, your paycheck contains…