Here’s Why Your Tax Refund Might Be Delayed
Taxpayers are already making noise about delayed tax refunds in 2017 - and tax season just opened. However, not all of the information that is being shared about the delay is correct. Here's what you...
View ArticleIRS: Delayed Tax Refunds Should Be Arriving Soon
The Internal Revenue Service (IRS) has announced that tax refunds for taxpayers who claimed the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) should begin arriving in bank...
View ArticleTaxes From A To Z (2019): E Is For Earned Income Tax Credit (EITC)
It’s my annual “Taxes from A to Z” series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under...
View Article8 Things That Aren’t True About The Earned Income Tax Credit (EITC)
We’ve made it through the first week of the tax filing season! With some tax returns are already on the way for processing, the Internal Revenue Service (IRS) is reminding taxpayers not to forget about...
View ArticleCombatting Economic Inequality
During the pandemic, those at the top continued to make money while those at the bottom struggled. That’s especially true among minority households with the average white family having as much as eight...
View ArticleDoes The IRS Have Your Tax Refund?
It’s 2013. Do you know where your refund is? No, not your 2012 refund (arguably, no one knows where many of those are) but your 2009 refund. Nearly $1 billion in outstanding refunds remain unclaimed by...
View ArticleBuffett Gets It Wrong On Tax Benefits, Income Gap
Self-made billionaire Warren Buffett is the third wealthiest person in the world, according to Forbes. His net worth is $71.6 billion. He’s probably made a few million in the time that it took for me...
View ArticleFix The Tax Code Friday: What Should We Do About The Earned Income Tax Credit...
Warren Buffett was in the news again for suggesting that rather than raise the minimum wage, we should tackle the income gap through tax policy. Specifically, Buffett recommended modifying (likely...
View Article2015 Tax Rates, Standard Deductions, Personal Exemptions, Credit Amounts & More
With tax season firmly behind us (er, for those of you who didn’t file for extension), now is a good time to take a look at your current financial picture and check to see how it squares against the...
View Article11 Tax-Favored Valentine’s Day Gifts For 2013
"Love is much nicer to be in than an automobile accident, a tight girdle, a higher tax bracket or a holding pattern over Philadelphia." - Judith Viorst, children's author and tax activist The post 11...
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