As of today, millions of American families have received their Advance Child Tax Credit Payments, a measure designed to offer financial relief to those affected by the COVID-19 pandemic. If you still haven’t received your payments, here’s what you need to know to sign up. What Are the Advance Child Tax Credit Payments? These payments…
In the minds of a lot of people, tax filing is complicated. And while filing your taxes requires a certain degree of attention to detail, things can be a lot easier when you keep accurate tax records. Keep reading to discover exactly how maintaining comprehensive records makes taxes easier–and how it can even result in…
Tax Day, which this year was on May 17, is already behind us. This means that if you forgot to file and pay your taxes, you have to take action right now. Here’s what you need to know. What to Do If you Couldn’t File Your Taxes by May 17 Here there are two basic…
The deadline to file your taxes is almost here. If you are among those who can’t file their tax return by May 17, don’t worry. You can request an extension file that will give you more time to prepare your return. Keep reading to learn more about this useful alternative. What Is an Extension to…
The deadline to file your tax return is Monday, May 17, 2021. Here are four tips you should keep in mind to make the process as simple as possible. Avoid These Common Mistakes It’s always advisable to file an error-free tax return. This is a list of some common mistakes that can be easily avoided…
As the May 17 deadline approaches, it’s important to make sure that you file a precise, error-free tax return. That’s why today we share with you three basic mistakes to avoid when filing your 2020 tax return. Sign and Date Your Return In taxes, as in many other things, getting the basics right makes everything…
The COVID-19 pandemic has upended many aspects of our routines, including taxes. That’s why this year’s deadline to file and pay your taxes has been extended from April 15 to May 17. Here’s everything you need to know about this relief measure. What You Need to Know Usually, Tax Day is in April, but this…
The IRS is already sending the third round of stimulus payments. Here you will find everything you need to know, from how much you would receive to the changes compared to the first and second rounds of payments. How Will the Third Stimulus Payment Be Delivered? According to the IRS, the vast majority of payments…
Cybercriminals never take a day off, especially during tax season. Here are five steps you can take to protect your personal information. Be Cautious As we’ll see, there are many technical precautions you can take to safeguard your information. However, it’s equally important to maintain a cautious mindset. Be extremely careful when you provide even…
2020 was a year out of the ordinary, with ramifications that affected most aspects of our lives, including taxes. From new credits to interest payments, here are three new things you should keep in mind this year when you file your tax return. Recovery Rebate Credit You may be able to claim this credit if…