Time Is Running Out To Claim Your Stimulus and Child Tax...
Photo: Ground Picture (Shutterstock)Last month the IRS reported that millions of eligible people have yet to properly claim their COVID relief payments. The IRS uses tax returns to determine eligibility for both pandemic stimulus checks and child tax credits, and unfortunately, those who need the relief most—such as people with lower incomes, limited internet access,…
How Inflation Might Help Lower Your Taxes in 2023
Photo: fizkes (Shutterstock)On Tuesday, the IRS announced several adjustments for the 2023 tax year to account for the impact of inflation. For many taxpayers, the changes could lead to tax savings: More of your 2023 wages may benefit from lower tax rates compared to this year, and you may be able to claim a greater standard…