Taxes

March 22, 2021

An Update on Unemployment and Taxes: Your Questions Answered

We know that many of you have burning questions about unemployment benefits, including how they affect taxes and how they relate to the American Rescue Plan. Here are answers to some of the questions you’ve asked. What Does the American Rescue Plan Do for Me if I’m Unemployed? If you lost your job during the…

March 19, 2021

Make a Powerful Plan for Your Tax Refund & Stimulus Check

We are in the thick of tax season, and the House recently approved a new stimulus bill. This is great news for many people, especially considering the average tax refund is around $2,500, and the expected stimulus check for a four-person household is up to $5,600. If you missed a previous stimulus payment, filing taxes…

March 11, 2021

Texas and Oklahoma: Three Reasons to File Taxes Soon, Even Though the IRS Deadline is Now June 15

Dear Texas and Oklahoma members, We know you’re out of the worst of the storm now, and we also know the damage that remains is real. We want to share some resources where you can get help if you need it: 211.org for help with bills Red Cross for family assistance You may have heard…

March 11, 2021

What’s in the Third Stimulus Bill Other than Checks?

While the third stimulus payment — which we just wrote about — is a hot topic for Americans right now, there’s actually a lot more to the American Rescue Plan. Here are some of the additional benefits you could get from the relief package. Addition...

March 13, 2021

What Is Adjusted Gross Income?

It’s that time of year when you hear tax terms being tossed around, whether on the news, at work by the HR Department, or over coffee with friends. But what exactly do all these terms mean? A commonly used term is Adjusted Gross Income or AGI. What...