Investing can help you achieve long-term financial goals but overlooking tax efficiency can significantly impact your overall returns. Tax-efficient investing means strategically managing your investments to minimize the tax burden on your returns and preserve more of your hard-earned wealth. By implementing these tax-efficient investing techniques, you can help maximize your tax returns.
As a homeowner, knowing the tax deductions you’re eligible for can help you save at tax time. By learning about these deductions, you can be better equipped to take full advantage of the tax benefits1 associated with homeownership.
Remote work, or “working from home,” has become popular for people seeking flexibility and the opportunity to work from anywhere. However, it comes with unique tax implications, including how to handle working in different states or countries, changes in deductions and credits and potential effects on your employer’s tax obligations.
The average direct deposit tax refund is $3,115 — which for many is the largest chunk of cash they'll receive during the year. What are some strategies you can use to make that money last and help improve your finances?
Here are a few ideas on what to do with the money from your tax refund.
Tax Day is approaching fast. Whether you’ve beat the deadline, are putting the finishing touches on your return or you’re just getting started, we’re here to help. Read on for tips to save money on taxes, file an extension and put your refund to good use, so you can get the most out of your money.
While many Americans continue to wait out the global pandemic, one activity that should not be delayed is preparing your tax return. In fact, this year, the smartest advice may be to get prepared early. With more than 153 million people having received stimulus payments in 2020, and tens of millions of people having received unemployment benefits, there are new tax implications to consider.
