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IRS raises mileage deduction July 1st

As gas prices hit $5 per gallon for the first time, IRS makes mileage deduction for gas costs more generous in rare mid-year move ...more

Taxes

June 10, 20222 min read

IRS raises mileage deduction July 1st

IRS delays tax filing deadline to May 17 because of COVID-related changes

The IRS said Wednesday it is delaying the April 15 tax filing deadline to May 17 giving taxpayers more time to prepare their filings amid the slew of pandemic-related tax changes. ...more

Taxes

March 18, 20211 min read

IRS delays tax filing deadline to May 17 because of COVID-related changes

Unemployed and already did your taxes? The IRS says you don't need to file an amended tax return

If you received unemployment benefits in 2020 and you've already filed your tax returns, the Internal Revenue Service is saying you don't have to file an amended return to claim the new tax waiver on ... ...more

Taxes

March 16, 20212 min read

Unemployed and already did your taxes? The IRS says you don't need to file an amended tax return

If you were on unemployment last year, you’ll probably get a tax break

If you got furloughed or laid off or couldn’t work due to the pandemic in 2020, and you received unemployment benefits, the American Rescue Plan President Biden signed last week might have some money ... ...more

Taxes

March 16, 20211 min read

If you were on unemployment last year, you’ll probably get a tax break

New 2021 Tax Brackets

The IRS Just Released New 2021 Tax Brackets. Here's What They Mean. ...more

Taxes

November 03, 20203 min read

New 2021 Tax Brackets

Stocks are soaring, but most Black people are missing out

Americans who own stocks are pulling further away from those who don't as Wall Street roars back to record heights while much of the economy struggles. ...more

Investing

October 16, 20207 min read

Stocks are soaring, but most Black people are missing out