by Ramdas | Aug 26, 2022 | Finance Friday, Individuals Articles, Student Loan, Tax Reform
Biden-Harris Administration Announces Final Student Loan Plans During their campaign, President Biden and Vice President Harris promised to provide student debt relief. On August 24, 2022, the administration announced a plan to forgive a portion of student debt and...
by Ramdas | Dec 7, 2021 | Individuals Articles, Tax Articles, Tax Reform, Tax Tuesday
Build Back Better Act The Build Back Better Act has passed in the House and is currently being debated over in the Senate. Below are some highlights from the Act that we are closely monitoring: One year extension of expanded child tax credit – The changes to...
by Ramdas | Nov 11, 2021 | Child Tax Credit, Individuals Articles, Tax Articles, Tax Reform
The Advance Child Tax Credit is a hot topic these days. If you are receiving payments, you will need to report the total amount you received on your 2021 tax return. The IRS will be sending out letter 6419 in January 2022, which will provide the total amount of...
by Ramdas | Feb 19, 2019 | Financial Planning, Individuals Articles, Tax Articles, Tax Cuts and Jobs Act, Tax Reform, Withholding
You’ve used the IRS Withholding Calculator, but you’re still confused about what allowances to take on your W-4. We’re here to help! Read through the following scenarios for a basic breakdown, and call us if you still have questions! You’re single, the calculator says...
