The Child Tax Credit (“CTC”) is a valuable resource for parents of children under the age of 17 who qualify. The credit is worth a maximum of $2,000 per child, $1,500 of which can be claimed as a refund. Keep reading to see if you qualify for the credit and how much you can claim. […]
Tax Refunds
5 Smart Things to Do With Your Tax RefundGetting a large chunk of money back after filing your taxes is always exciting! But after the euphoria of a big payday wears off, the next question becomes: how do I spend this money? We’ve done the thinking for you. Here are 5 smart things to do with your tax refund: Keep reading to learn […]
Tax Refunds
Tax Due Dates and What You Need to File Your TaxesWhile many people are aware of the dreaded “tax day,” there are other critical tax dates to be mindful of throughout the year. Simply knowing when estimated payments are due or when you need to file your taxes if you applied for an extension can save you tons of money by helping you avoid late […]
Tax Refunds
The Problem with Getting a Tax RefundAccording to the Internal Revenue Service (IRS), the average tax refund in 2022 was $3,039. The IRS has issued over $292.542 billion in refunds so far in 2022. While receiving a big chunk of money at the end of each year may seem like a good thing, consider what you could’ve done with that extra […]
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