Where’s My State Refund Check? Generally speaking, everyone pays taxes on their income. But you may be paying more than you need to! If that is the case, you will receive a federal or state refund check. This is not to be confused with free money because it is essentially a refund from the government… Continue reading Where’s My State Refund Check?
What is the FICA Tax?
FICA is an acronym for a specific type of federal payroll tax. FICA stands for the Federal Insurance Contributions Act, and business owners are legally required to deduct this tax from each employee’s paycheck. The main purpose of FICA is to help fund Social Security and Medicare programs, which provide benefits for retirees, disabled individuals,… Continue reading What is the FICA Tax?
Child Tax Credit 2024
What is the Child Tax Credit? Tax season is right around the corner, and many parents are gearing up to file their returns. The Child Tax Credit of 2024 is meant to give parents a tax break. This break can be up to $2,000 per eligible child. A portion of this credit (up to $1,700)… Continue reading Child Tax Credit 2024
Affordable Tax Preparation Near Me
For some businesses and individuals, tax season is dreaded due to the sheer amount of paperwork and tax preparation that needs to be done. While preparing for tax season is highly important, it can often be extremely tedious and overwhelming without professional help. Meeting the deadline for tax filing cannot be overstated to avoid late… Continue reading Affordable Tax Preparation Near Me
Are Credit Card Rewards Taxable?
Does the IRS Tax Card Rewards? If you’re a savvy credit card user, you may be wondering if the rewards you earn through credit card spending are taxable. The short answer is that it depends on the type of reward you receive and how you receive it. Max Cash® has done the research, so read… Continue reading Are Credit Card Rewards Taxable?