Better Financial Counseling Network
Better Finances. Better Living.
Better Financial Counseling Network
Better Finances. Better Living.
Are you expecting money back from the IRS through a tax refund, recovery rebate credit or the coming stimulus payment? If yes, now is the time to plan how you will use this money. If this year has been financially tough…Use it to Protect Yourself. As a financial counselor, one of my first questions to …
Why should I be careful when choosing a tax professional? The tax professional will have access to key personal and financial information, such as your social security number, income and investment information. You need someone knowledgeable and trustworthy. You are still responsible. IRS Criminal Investigation (CI), notes, “Taxpayers are responsible for the accuracy of all …
Military Life is full of adventures and if we’re honest, complications. In addition to normal life changes: marriage, a baby, divorce, sending a kid to college, you may have taken on moving, deployments, or become an accidental landlord. In 2020, COVID added many new complications to all our lives including taxes. Read more in 2020 …
Tax season is upon us. Like nearly every facet of our lives, 2020 taxes have been impacted by COVID. Warning 1: E-File may be your best friend this year, as there is a backlog in processing Paper returns. It’s been widely reported and confirmed by the IRS, that there are still millions of 2019 tax …
We all know the year we just finished up. But many of us aren’t certain of some of the tax impacts we’ll see when we file our tax return. I will discuss a few of those. Many taxpayers received an economic impact payment earlier in 2020 and many received a stimulus payment late December and …
For most taxpayers you will receive your economic impact payment based on either your 2018 or 2019 tax returns. However, if the IRS does not have your information because you haven’t filed or if you aren’t required to file, you can give them your information at this site: IRS economic impact payments And soon you’ll …