Are You Eligible For an Unemployment Tax Refund?
You may be wondering if you’re eligible to receive an unemployment tax refund. If you’re single or married and filed jointly, you can deduct up to $20,400 from your earnings.…
Free Tax Filing Services – Three Tips For Maximizing Your Tax Refund
There are many ways to get your tax returns filed for free, but it’s important to be careful of the scams. Using free tax preparation services may result in a…
Inheritance Taxes and How TurboTax Can Help
An inheritance tax is a state tax that is collected from the estate of a deceased person. The benefactor pays this tax, not the estate itself. There are four states…
Understanding the Excise Tax
The excise tax is an indirect tax collected from the sale of goods. It is a percentage of the sale price, so a luxury car would require a higher tax…
Earned Income Credit
The Earned Income Credit is available for people who earn less than $50,954 in 2020, or $56,844 if you file jointly. This credit is refundable and you can get more…