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Tax
Stimulus update: Virginia is distributing property tax rebates from a $18 million fund
Property owners in Virginia's capital city may be able to obtain some extra cash in the coming weeks.
Due to an $18 million budget surplus, the city of Richmond, Virginia, passed an act late last year to provide some relief to property…
IRS last-minute warning: Taxpayers should not believe everything they see online!
The Internal Revenue Service (IRS) has reminded taxpayers that the deadline for filing their 2023 taxes is rapidly approaching.
Even if you rush to finish everything before the April 18 due date, you still need to be cautious about what…
Will student loans have an impact on your taxes?
Tax day offers a long-awaited payout for some. Others may incur additional costs as a result. Your tax situation might be influenced by a number of things, including your position as a student.
If you paid for qualified educational costs…
How much retirement benefits could you get if you don’t pay taxes?
Numerous retirees intend to enhance their retirement benefits with supplemental employment, so how much may a retired individual earn taxes-free?
The response to this question varies greatly depending on the specifics of your case. You…
Why tax refunds are $372 lower than last year’s pay?
According to the most recent weekly data from the IRS, tax refunds are consistently less than a year ago, which is a result that many tax experts had predicted.
Yet, the agency is in control of the filing season, which is a change from…
Employee Retention Credits: IRS advises workers to be aware of widespread tax scams
Employee Retention Credits (ERC) are the target of a widespread tax scam for 2023, according to the Internal Revenue Service, and you may have recently seen advertisements for this scam.
The refundable tax credit was created to assist…
Tax season: Which is better, the standard deduction or the itemized deduction?
As the 2023 tax season starts, Consumers are looking for strategies to file their taxes accurately to pay fewer taxes or obtain a higher refund.
While many taxpayers opt out of standard deductions on their annual tax return, which…
Federal Reserve raises interest rates, but impact on volatile mortgage rates remains unclear
This week, the Federal Reserve hiked interest rates, but the impact on already variable mortgage rates may be minimal.
Although the Federal Reserve does not directly determine mortgage rates, it plays a significant effect. The Federal…