The Family and Medical Leave Act allows employees who are eligible to go on leave for family and medical purposes. The purpose of this is to protect the job of the employee to ensure that the employee won’t be terminated due to leave. All employees who are working for eligible for an employer can use … Read more
Form I-9 – Employment Eligibility Verification is the USCIS document that’s mandatory for all workers. Along with Form I-9, documents must be presented to the employer to establish authorization to work in the United States and identity. Not all documents are accepted by the Citizenship and Immigration Services though. The agency only allows employees to … Read more
The first stimulus checks were sent in early 2020. Those who haven’t gotten their stimulus payments will receive it with the recovery rebate credit. The stimulus checks were actually an advanced payment of this credit taxpayers got in early 2020. The first stimulus payment wasn’t as low as this though. The IRS handed out $1,200 … Read more
The CARES Act brought more than just the stimulus checks and financial aid for small businesses. The Coronavris Aid, Relief, and Economic Security Act helps homeowners to get forbearance for their mortgage. If you’re someone that struggles to keep up with monthly mortgage payments, know that you can get forbearance from your bank and waive … Read more
The bank account number provided on a previous tax return might not be active anymore. Taxpayers who don’t want to face issues with their refunds should update their bank account numbers. This can be done in a number of ways. For the stimulus payment purposes, know that the IRS won’t send it even after updating … Read more
Vanguard offers a wide range of investment options and accounts. It’s one of the most popular investment firms where you can trust and watch your money grow. It’s definitely a popular investment firm with not just plenty of options but low fees as well. Vanguard is the friendliest investment firm if you want to have … Read more
Most families with children have a qualifying child for tax purposes. This doesn’t mean that everyone with a child has a qualified child for them to claim on their federal or state income tax returns. There are rules for claiming your child as a dependent and taking certain tax credits for the care you provide. … Read more
The Internal Revenue Service will soon begin issuing tax refunds to taxpayers who paid more tax than their tax liability. The most common reason why taxpayers want to contact the IRS about their refunds is the funds being sent to the wrong account. If you’re facing a problem like this, contacting the IRS may seem … Read more
The second round of stimulus checks are being sent to taxpayers who qualify for the payments. Also known as the economic impact payments, these payments are an advanced payment of the recovery rebate credit. As someone who’s eligible to receive the credit, taxpayers can get to the IRS portal for the stimulus checks and see … Read more
The child tax credit is a popular tax credit that most families with children qualify to claim on their tax returns. What about the child tax credit income limits? Not every taxpayer can claim this tax credit – or the full amount of the credit. There are income thresholds that the taxpayers who plan on … Read more