Income Tax

Alabama, Arizona, and Virginia are offering crucial financial assistance this month to aid residents coping with economic hardships by issuing extra stimulus checks. While the federal stimulus checks came to an end more than two years…

Unemployment compensation can be a vital financial lifeline for individuals who find themselves out of work.  However, it's crucial to understand that these benefits are considered taxable income, and when tax season rolls around, you'll…

Virginians are running out of time to take advantage of a limited window of opportunity to get tax rebates for the 2022 tax year.  The deadline for filing 2022 state income taxes to qualify for a tax rebate of up to $400 is Wednesday,…

Japan has taken a significant step in the fight against terrorism by imposing fresh sanctions on individuals and a company associated with the Gaza-based militant group, Hamas.  This move, as stated in a release by the Japanese foreign…

Tax season often comes with its fair share of stress, especially when you realize you've made an error on your tax return.  But there's good news: amending your tax return can be a game-changer. It's the rule that transforms your filing…

President Biden reaffirmed support for Israel's self-defense rights and stressed safeguarding civilian lives in Gaza's ongoing conflict to Prime Minister Netanyahu. This diplomatic exchange comes as Israel enters what it terms the second…

Virginia residents, act fast! Only three days left to claim tax rebates up to $400 by filing your 2022 state income taxes. Don't miss out! The extended deadline for filing tax returns in the Old Dominion is November 1, 2023, which offers…

The recent surge in the Consumer Price Index (CPI) has sent ripples through our economy, impacting not only our wallets but also our tax forms.  In August, the CPI climbed by 0.6%, leading to upward adjustments in tax brackets and key…