Filing for an extension of the tax deadline

FILING FOR AN EXTENSION OF THE TAX DEADLINE The Internal Revenue Service extended the deadline to file income tax for individuals to May 17, 2021, on account of the coronavirus pandemic. Bear in mind that May 17 does not apply to residents of Louisiana, Texas, and Oklahoma who were affected by the February storms- the deadline for these residents has been extended to June 15, 2021. However, if [...]

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5 ways to get a kickstart on your tax filing plans

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Published on 11/04/2021 The window for filing taxes has been extended to May 17 amid all the changes in the tax law due to the pandemic. The extension is a blessing, [...]

Should you put money into your IRA account to lower taxes?

Published on 1/4/2021 The Internal Revenue Service has extended the tax filing deadline to May 17, effectively allowing another month for taxpayers to further lower their [...]

6 tax mistakes you are making with Employee Stock Purchase Plans

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Published on 27/03/2021 Allotment of stock options by your company where you work under the Employee Stock Purchase Plan can be quite exciting. It comes with many perks, [...]

Changes you should be ready for this tax season

Published on 21/03/2021 Despite a delay of a fortnight, the tax season started with a shorter window for filing your taxes. And as challenging as this financial year has [...]

Tips to plan better and stop worrying about tax on investments

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Published on 16/03/2021 The 2020 pandemic also saw millions of people open investing accounts. A lot of it can be attributed to cheap stock prices during the pandemic and [...]

A look into the key tax form for gig workers

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Published on 08/03/2021 Americans have begun filing their 2020 income tax returns. After the pandemic, this is going to be a challenging tax season for most Americans. And [...]

Relief for victims of Texas storms ahead of the tax deadline

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Published on 01/03/2021 The recent winter storms in Texas have led to the loss of property and have disrupted countless lives. While most citizens of Texas are busy [...]

10 Pro-tips ahead of the 2021 tax season

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Published on 22/02/2021 Since the outbreak of the coronavirus pandemic, most of the Government processes and applications have gone paperless requiring minimal to no [...]

The new Child Tax Credit can help lower the cost of raising children

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Published on 15/02/2021 The pandemic has not only crumbled the country’s healthcare system; it has also wreaked havoc on families. Sustaining a household and putting [...]

Consider COVID-related distributions before filing ITR

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Published on 08/02/2021 The CARES Act 2020 signed in March 2020 aided thousands of Americans who were struggling to put food on the table. The Act not only provided [...]