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Terry is an Aerospace Machinist and single father who lives with one of his kids and his mother in Ontario, CA. Even though he’s in the top five percent of his field as a government contractor and says he should be getting paid more, he makes between $35,000 and $37,000 a year. According to Terry,…
What tax credit? If you rent your home in California for at least six months of the year and make less than $43,533 (single filer) or $87,066 (filing jointly), you are eligible for the annual California renters’ credit. Today, the renters’ credit is $60 for single filers and $120 for joint filers. When the yearly…
There are so many tax time-related acronyms that it can be tough to keep track of everything. Whether you’re looking for free tax help or legal assistance to deal with the IRS, here are two resources you may find useful: VITA sites can help you file your taxes, while LITCs can help you with legal…
We’re disheartened to hear that talks of the Build Back Better Act (BBB) have stalled for now. While Congress continues to debate the specifics, there’s one thing we can all agree on: investing in our communities is good for everyone. At Save...
This Black History Month, we are highlighting Black financial leaders who have broken barriers to create a more equitable future. We will also explore aspects of the racial wealth gap. Throughout history, Black people have faced systemic barriers t...