By Jean Chatzky* Everybody breathe. You’ve just been given a month’s reprieve, thanks to the IRS. Because the agency is mired in paperwork, the deadline to file federal and state income taxes has been moved back until May 17. Still, there’s no time like today to get your paperwork in order and get to it. […]
By Chris O’Shea* The annual tax season comes with a question for married couples: Do you file jointly or separately? While most married couples file together, there are some reasons you might want to consider filing separately. Here’s the case for both methods. Why You Should File Jointly Lower tax rate. Typically, married couples who […]
Yes, it seems like we just finished filing our taxes. With the April 15 deadline coming right on the heels of last year’s pandemic-delayed deadline, it might be difficult to get motivated to work on your taxes. Here are some simple tax tips to get started. Plan now to get as much back as possible. […]
Last spring, many of us left the office to begin working remotely from home. If you were one of them, you know that you tackled multiple issues, including juggling work and family responsibilities, remote learning for your kiddos, and challenges with the logistics of several adults working from the same home at the same time. […]
By Jean Chatzky * These year-end tax tips offer potential savings for your 2020 returns Yes, it feels like we just finished filing our taxes. And yes, it’s already time to start thinking about them again. That means getting organized now and making sure you do everything you can to lower your 2020 tax bill […]