Money Today That Matters Tomorrow
Be it the need to get your refund payment early for an impending obligation or to get ahead of delays in IRS refund payments, many tax filers are opting to get paid early via a refund loan. However, before you opt-in for a tax refund advance, refund anticipation or holiday …
Over the last few years, thanks to plenty of pandemic related support via stimulus payments and funding for expanded tax credits, the average refund payment ballooned to over $3,100. This is despite 20 million fewer Americans getting refunds. However with no further federal funding approved, several popular stimulus, family and dependent tax …
With the latest tax season upon us it is worth reviewing some of the key tax changes for New Jersey residents and tax filers. As a relatively high taxing state with higher than average incomes it is no surprise that taxes are a hot button topic in New Jersey. The …
With the latest tax season upon us it is worth reviewing some of the key tax changes for Californian residents and tax filers. As the most populous state in the union with high average incomes it is no surprise that Californian residents pay more taxes than those of any other …
A few weeks ago several members of my extended family posted on our family chat group that they were exhibiting COVID like symptoms. Given we just had met many of these family members at Thanksgiving I was alarmed when I read the message and like many in that group rushed …
Due to the significant backlog in processing of 2020 tax returns, filed in 2021, many are wondering if they can go ahead and file their 2021 return in the coming weeks or if they need to wait. As the IRS announced, the 2021-22 tax season will start from January 24th, …
Millions of families and households got use to getting a monthly dependent payment from the IRS in the second half of 2021. This payment, known as the advance child tax credit, was generally claimed via tax return filings in prior years. As part of Biden’s ARPA stimulus bill to provide …
When you are unable to pay debts or have debt that has gone to a collection agency it can be very stressful. The burden of a difficult financial situation is already anxiety-inducing without having to also worry about other issues. This can include questions about the legitimacy of the debt …
Student loans has been a hot topic of late, which is not surprise given there are around 43 million Americans dealing with some form of active or delinquent student debt. Based on reports from the WSJ and data company MeasureOne, Americans owe around $1.6 trillion in federal student loans and …
Filing taxes can be a complex and stressful procedure for anyone and can be even more challenging if your finances are complicated or accounting is not your strong suit. Some people have said they would rather have a root canal then deal with a complicated tax return! This process is additionally …
The maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac has significantly from last year, per Federal Housing Finance Agency (FHFA) guidelines as shown in the table below. The conforming loan limits (CLL) are established under the terms of the Housing and Economic Recovery Act (HERA), and are …
On November 15th, 2021, President Biden signed a $1 trillion infrastructure bill into law. Officially named the Infrastructure Investment and Jobs Act, this bill contains a wide variety of measures intended to stimulate the economy, make improvements to the infrastructure system (think transportation systems, telecommunications networks, utilities, etc.), and provide …
Cryptocurrency, once the wild west of finance, is quickly becoming a more mainstream investment. As with any financial asset, this growth has caught the attention of the IRS. The rules for reporting crypto transactions have been evolving, and 2025 marks a major turning point with the introduction of Form 1099-DA. …
As many home owners have discovered, Homeowner’s insurance premiums are becoming more and more expensive. This article covers some of the causes for its increase and which factors play the largest role in determining the price of premiums. Most importantly, we will also cover ways you can offset the cost …