How our income taxes are calculated are a mystery to the vast number of Americans who haven't been taught how to read the tax codes or decipher tax terminology. Start, for example, with the terms tax.
Life happens. And this sometimes can derail financial plans and put you in a precarious situation. Whether it's the loss of a job, the inability to save or health issues, there are many reasons why.
A recent study by LendingTree showed that 55% of millennials currently have a side hustle. That means that filing their taxes this year will likely be more complicated than filing a simple W-2 tax.
Battling inflation. Insulating against possible layoffs. Monetizing a hobby. Just trying to get ahead. For these and other reasons, more Americans are working multiple jobs these days. That means.
Most taxpayers are more concerned with the last date that they can file their taxes rather than the first date. After all, filing your taxes can be tedious, can take a lot of time and can end up with.