On Thursday, March 11, the President signed into law the $1.9 trillion American Rescue Plan. While this does include another stimulus payment for eligible taxpayers, it also includes a large one-year increase to the Child Tax Credit. What is a Child Tax Credit? Child Tax credits were implemented to assist parents and/or caregivers to help […]
Our third blog in the Generational Spending series will focus on those who make up nearly 25% of the population but produce 31% of the total US income: Generation Xers. Those in Gen X are in the 36-51 age range. Most decision-makers, both in families and in businesses, are in this group. While this generation […]
Those who were born between 1982 and 1996 are considered to be the Millennial Generation (or sometimes known as Generation Y.) These 22-36-year old individuals are either in the beginning or middle of their careers and also make up the largest generation in US history. Their money handling and spending habits differ from generations before […]
Wedding vows: check. Awesome reception: check. Relaxing dreamy honeymoon: check. Now what? It’s easy for couples to get caught up in the midst of planning and executing a wedding. It’s a very big day for couples, and it requires a lot of attention to detail for several moving parts and pieces. But once the festivities […]
As our economy comes to grips with the ramifications of COVID-19, many find themselves reassessing their careers, side hustles, or the pandemic effects of the economy as a whole. It’s hard to find anyone who has not been affected in some way by this virus, but there are businesses that are generally able to carry […]
Congratulations! You’ve just tied the knot. You’re unwrapping all the gifts you received now that you’re back from your honeymoon, and you’re starting your lives together under one roof. April rolls around, and it’s time to file taxes. You see a little checkbox for married (how cute?!), but you see there are more options: Married […]
Money transfer apps are becoming more popular than ever. The ease of exchange is a huge draw. Apps like Venmo, Apple Pay, and PayPal are even offering credit cards as their use continues to grow. Sound too good to be true? It might be. There are times where these apps are perfectly appropriate, but there […]
For many recent graduates, figuring out your first step towards financial responsibility is key. Once you graduate, reality tends to hit hard and fast making it a struggle to get on your feet. You may have student loan debt or have rent to pay. No matter your situation, it is better to have a budget […]
Whether you’re graduating college or starting your first full-time job, money management is the first step in the right direction. Although it can feel overwhelming, these three tips are here to help you develop a strong grasp on your finances. Once you have a management plan, your finances will be easier to maintain. Creating a […]
While it might seem that celebrities come with special treatment or privileges, the IRS would not agree. Even some of the biggest stars have run into trouble when it comes to their taxes. Charlie Sheen The Two and a Half Men star ran into his tax trouble back in 2018. It was uncovered in court […]