What the Self-Employed Tax Deferral Means
Regardless of one’s current employment situation, it’s no secret that 2020 has put the vast majority of Americans through the…
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Estimate Your Tax Refund with TaxAct’s Tax Calculator
If you’ve ever found yourself feeling like your taxes control you rather than the other way around, you’re not alone.…
7 Qs About Your Student Loans and Public Service Loan Forgiveness
Curious what all the fuss is about with Public Service Loan Forgiveness? We answer your top questions, including whether forbearance…
Your Federal Payroll Tax Deferral Questions Answered
Sept. 1, 2020 marked the first day of the Federal payroll tax deferral, which is a temporary suspension of the…
The CARES Act Adds a New $300 Charitable Contribution Deduction for 2020
Because the majority of taxpayers in America take the standard deduction — meaning they do not elect to itemize —…
COVID-19 Unemployment Benefits and Your Taxes
The economic downturn of the coronavirus pandemic that struck back in March left millions of Americans without jobs. Currently, more…
A Small Business Owner’s Guide to SBA Debt Relief
If you’re a small business owner, you’re likely dealing with the many ongoing financial implications of the COVID-19 pandemic and…
Get Your Money: The IRS has $1.5 Billion in Unclaimed Refunds
Listen to this: the IRS has more than $1.5 billion in outstanding refunds remaining unclaimed from 2016. Not thousands. Not…
Stimulus Payments for the Deceased: Should I Keep It?
Q: I received a stimulus payment on behalf of my deceased relative. Should I cash it? A: According to the…
[INFOGRAPHIC] CARES Act Expanded Unemployment Benefits Explained
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The CARES Act Impact on Small Businesses
After some short deliberation in Congress, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law on…
Vets Who Receive Benefits Will Automatically Get Stimulus Payments
The IRS recently confirmed VA benefit recipients will automatically receive their stimulus payments. That means if you’re a veteran and…