Extension of Tax Cuts and Jobs Act (TCJA) Could Cut Taxes by $1.1 Trillion According to New Study by
The Trump campaign has yet to release any new indication of whether a new tax code will be passed if President Trump is re-elected. A new...
2021 and 2020 Inflation-Adjusted Tax Rates and Income Brackets
Due to some coronavirus and economic relief funding, we saw a few changes to the United States tax code. However, one of the virtually...
2021 Social Security Updates from the Social Security Administration
Social Security recipients should take note to recent updates from the Social Security Administration. Today, the agency announced that...
What To Do If You Receive IRS Notice 1444-A from the IRS.
First off, you should be excited because the government is trying to send you money in the form of an Economic Impact Payment. If you...
If Proceeds from the Sale of My Home Are Used to Pay Off My Mortgage, Are They Taxable?
According to the IRS, the answer is maybe. The amount of the proceeds from the sale of your home that you use to pay off the mortgage is...
Extraordinary Events Mean New Filing Deadlines
2020 can largely be described with two words: dumpster fire. The term has almost become a phrase that we use in our everyday lives due to...