If you are checking the status of your refund and you get the message above, don’t panic. This is what is being called the PATH Act message. All this means is that you are receiving either the Additional Child Tax Credit Or the Earned Income Credit. Under The PATH Act the IRS will not begin […]
A traditional IRA and a Roth IRA are two types of retirement accounts that offer different tax benefits. A traditional IRA allows you to make pre-tax contributions, meaning you can deduct your contributions from your taxable income. This reduces your taxable income and can result in a lower tax bill. However, when you withdraw money […]
Tax deductions can be a confusing and intimidating topic for many people. However, understanding the basics of tax deductions can help you save money and maximize your tax return. Here are some tips to help you understand tax deductions: 1. Know the Difference Between Tax Credits and Tax Deductions: Tax credits are a dollar-for-dollar reduction […]
The American Opportunity Credit is a tax credit designed to help students and their families pay for college. It is available to those who are enrolled at least half-time in a degree or certificate program and have not yet completed their first four years of college. The credit can be used to cover tuition, fees, […]
The Earned Income Credit (EIC) is a tax credit designed to help low-income workers and families. It is a refundable credit, meaning that if the credit amount is more than the amount of taxes owed, the taxpayer will receive the difference as a refund. The EIC is a great way for low-income workers to get […]
Child tax credits are an important part of the tax system, providing financial support to families with children. The credit is designed to help offset the costs of raising children, such as childcare, medical expenses, and educational costs. It is also intended to help reduce the financial burden of raising children on low-income families. The […]
Liability insurance is like a safety net. It helps protect you if something bad happens and you are responsible for it. It can help cover the costs of any damages or injuries that you may cause to someone. It’s pretty straight forward. If you have any questions or want a free quote give us a […]
If you’re a millennial, you’ve hit the point at which you can take student loans, buy or rent a place to live, have children, and eventually purchase insurance. These big millennial life events make it incredibly important to have a financial safety net. And that’s just what insurance is – a financial safety net. According […]
As a business owner, it can be tough to strike the proper balance between too much and too little insurance coverage. While you don’t want to lose a tremendous amount of capital every month to insurance payments, you also want to make sure your organization is adequately insured. Here are some essential types of insurance […]
Naturally, most people want to get the best car insurance experience possible. However, the tricky part is that the best insurance experience will often stretch your wallet to an uncomfortable degree. There are a few tricks that you can use as a consumer to give yourself the best experience possible while also saving a lot […]