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Where’s My Stimulus Check?
Unfortunately, because of an IRS error, millions of payments were sent to the wrong bank accounts. What if you have a different bank account from last year? It’s possible that your stimulus check was sent to an account you no…
Is Robinhood Taxable?
Stock investing can produce income in the form of capital gains when you sell a profitable investment. If you used the Robinhood App this is what you need to know: You don’t owe any taxes unless you sell your investment….
Student Loans Relief Extended to January 31, 2021 – Do These 3 Things
The CARES Act is currently giving student loan borrowers temporary payment relief. And, that relief is scheduled to extend to January 31, 2021. If your loans are not covered under this program. Do these 3 things: 1. Contact your student…
IRS DELAYS FILING DEADLINE
Treasury Secretary Steve Mnuchin announced on Tuesday that the federal government will allow taxpayers to defer income tax payments for up to 90 days in order to help mitigate the economic chaos caused by the coronavirus fallout. Taxpayers filing for the 2019…
Use Your 401(k) To Buy Your Home
If you’re purchasing a home, then you’re going to need a down payment. Many home buyers are not aware that they are able to withdraw from their 401(k) to use for the down payment. How much can you borrow? $50,000,…
5 Ways to Use Your Tax Refund to Buy a Home
The average tax refund for 2019 was nearly $3,000. If you’re expected to get a refund this tax season, consider using it to invest in your future! What better way to do so than using your tax refund as a…
Tax Refund Delay. Why?
Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds. If you’re claiming the additional Child Tax Credit (CTC) or the Earned Income Tax Credit (EITC), the IRS…
2018 Refunds May Be Low
In a tweet on Monday, the Treasury said so far this year refunds are in line with 2017 levels – even if lower when compared with last year. According to data recently released by the IRS, the average refund so…
Starbucks in Central City?
The times they are-a-changing. A Starbucks drive-through coffee shop is planned for the corner of South Claiborne and Washington Ave, across from the Magnolia Marketplace shopping center, according to plans from the City Planning Commission. The location will be 2841…