Just when you thought “free” money was finished, the government is rolling out a new Child Tax Credit in July 2021. How could this affect you and your family, and your next tax return?
What exactly is the Consolidated Appropriations Act and how does it affect you? What kind of relief and stimulus does your pocketbook get? Free money is good, right? But what does it mean?
If you’re a retiree, especially if you’re age 70 1/2 or older, and you have retirement accounts, we’ll explain how you might be able to lower your tax liability through Required Minimum Distributions (RMDs).
What happens when you get a backup withholding letter from the IRS? What does that even mean, and what you even do with it? We can answer that and steer you in the right direction.
