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All The Single Ladies…Put Your Tax Deductions Up!

All The Single Ladies…Put Your Tax Deductions Up!

by | Feb 14, 2024 | taxes

Valentine’s Day is here! And besides celebrating that we only have one month of winter left, there are a couple of other things we can celebrate – including taxes. Yeah, you read that right – tax season is upon us as well, and with it, a great opportunity to give our...
Are State Tax Refunds Taxable?

Are State Tax Refunds Taxable?

by | Feb 13, 2024 | taxes

For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a Form 1099-G from your state and you’re paying taxes on your state and...
What is a Tax Bracket?

What is a Tax Bracket?

by | Feb 12, 2024 | taxes

Did you know not everyone or every dollar earned is taxed the exact same amount? This is because the United States tax system aims to be progressive. A progressive tax system tries to collect more tax from those who earn more. In essence, a million dollar earner pays...
Where’s My Tax Refund? How to Check Your Refund Status

Where’s My Tax Refund? How to Check Your Refund Status

by | Feb 12, 2024 | taxes

The average direct deposit tax refund was close to $3,100 last tax season, and with tax season well underway, it’s no surprise that the most common tax season-related question we’re now hearing is: “Where’s my refund?” The time it takes the IRS to process your tax...