Here are some reasons why your tax refund may be smaller this year than last year.

For this Money Matters Monday, here are some ways to better manage your tax money

North Carolina taxes student loan forgiveness at $525 for every $10,000.

So, you got your tax money. Now, you’re thinking about purchasing a new car. Before you go hit the lots, be aware that you may end up paying more than the listed price. Like most other things, the price of cars has gone up and the discounts have gone out. According to the automotive website Edmunds.com, […]

It’s another Monday Matters Monday!  I know some of you just received your W-2 and you’re headed over to the tax office. That’s great, however, this year when you get your refund check, don’t go to the mall and blow it. Instead, put it in a savings account…at a bank that’s across town…that you don’t […]

It’s January 2022! That means it’s tax time! Now, you may not have your W-2’s in your hand yet, but you can go ahead and get your paperwork in order, especially if you itemize like I do.  Gathering and organizing those receipts can be a bit of a headache, but those deductions can help add […]

While most of us use Cash App to send and receive money from our friend and family, others maybe using it for their business.  Well reportedly, Cash App, Venmo, and Zelle will be reporting funds over $600 to the IRS starting January 2022.   Don’t believe me…check it out for yourself!  Click here to read more.

Child tax credit are set to hit eligible families’ accounts on July 15, 2021.  The payments are an expansion of the American Rescue Plan that was passed earlier this year.  Eligible families can receive half of their child tax credit in the form of a monthly payment of $250 for children 6 -17 years old […]

Over the weekend, the New York Times broke the story that Trump only paid $750 in taxes in 2016 and 2017.  Some people consider him a great businessman who knows how to keep more money in his pocket.  Others feel that he is a tax dodger.  What are your thoughts?  

At first, I was hype about the Payroll Tax Holiday and the thought of saving money by not paying taxes on the money I make.  However, after I did a little research, I realized that the Payroll Tax Holiday is not an actual tax saving plan.  It’s a tax deferred plan!  Employees of certain companies […]

This year, tax payers got a few extra days to file their taxes.  April 15th is traditionally the deadline.  However, due to the Emancipation Day holiday, which was Sunday, April 16th which was also Easter Sunday,  the official D.C. observation was pushed to Monday, April 17th.  That means that the IRS office is closed today […]

The second of Donald Trump’s three wives, Marla Maples, once insisted that if he ever ran for president, she’d find a way to take him down – and that time may be now.