From reconciling your advance Child Tax Credits with what you were supposed to receive to reporting stimulus payments and unemployment income, federal taxes for 2021 promise to be more complicated.
Since March 2020, federal student loan payments have been on pause including no accruing interest, and collections on defaulted loans have been stopped. Despite calls to extend the student loan.
If using charitable deductions to minimize your tax liabilities is one of your tax strategies for 2021, you're running out of time to max out contributions. You'll want to make wise choices to get the.
Many Americans look forward to the new year when they will receive a windfall from the government in the form of a tax refund. Some use the money to pay down debt, while others might go on vacation or.