Latest articles by Rocky Mengle
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Child Tax Credit Payment: Some Parents to Receive Paper Checks Instead of Direct Deposit Payments
Tax Breaks Families who received their July child tax credit payment by direct deposit might get their August payment by mail.
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The Financial Effects of Losing a Spouse
Financial Planning Even amid grief, it's important to reassess your finances. With the loss of your spouse's income, you may find yourself in a lower tax bracket or that you qualify for new deductions or credits.
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Will You Have to Pay Back Your Child Tax Credit Payments?
Tax Breaks If you got too much in monthly child tax credit payments last year, you might have to repay some (or all) of the money when you file your tax return this year.
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Should You Be Getting Monthly Payments for Your Kids? Check the IRS's Child Tax Credit Portal
Tax Breaks The IRS has an online tool that will help you track and manage your monthly child tax credit payments (although it's not fully functional yet).
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Who's Not Eligible for Child Tax Credit Payments (It May Explain Why You're Not Getting Them)
Tax Breaks The IRS has sent two rounds of child tax credit payments so far. Here's why some families haven't received any monthly payments.
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How and When to Opt-Out of Monthly Child Tax Credit Payments
Tax Breaks If you want to stop advance payments of the 2021 child tax credit, you can opt-out using the IRS's online portal before the monthly deadline.
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8 Ways You Might Be Cheating on Your Taxes
taxes Don't cross the line when it comes to your taxes. Avoid these common traps that can get you in hot water with the IRS.
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IRS Extends Tax Deadlines for Louisiana Storm Victims
Tax Breaks Following FEMA's recent disaster declaration for severe storms and flooding Louisiana, impacted taxpayers get more time to file and pay certain federal taxes.
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IRS Extends Tax Deadlines for West Virginia Storm Victims
Tax Breaks Following FEMA's recent disaster declaration for severe storms and flooding in the Mountain State, impacted taxpayers get more time to file and pay certain federal taxes.
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Child Tax Credit 2021: How to Get Monthly Payments if You Don't File Tax Returns
Tax Breaks Not everyone is required to file a tax return. But don't let that stop you from getting monthly child credit payments of up to $300 per child.
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Stimulus Check Update: Hopes for a Fourth Stimulus Check Are Still Alive
Coronavirus and Your Money Over 80 Democratic lawmakers have asked President Biden for more stimulus payments, and the president hasn't said "no" yet. But what are the real chances of seeing a fourth stimulus check?
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IRS Gives Truckers a Tax Break in Response to the Colonial Pipeline Shutdown
Tax Breaks The tax penalty for using dyed diesel fuel for highway use is temporarily suspended.
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Caregivers Should Consider These Tax Breaks
taxes Caring for a spouse or a parent can be stressful emotionally and financially, but there are a number of tax breaks that you could benefit from.
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Families with Dependent Care FSAs Get Good News from the IRS
Tax Breaks You'll still get a tax break if you carried over unused amounts from your dependent care flexible spending account from 2020 to 2021.
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3 Reasons Not to Fear the Biden Tax Hikes
Politics A lot of people are getting all worked up over President Biden's plan to raise taxes. Here are some reasons to chill.
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IRS Extends Tax Deadlines for Alabama, Kentucky and Tennessee Storm Victims
Tax Breaks Following FEMA's recent disaster declarations for severe storms in Alabama, Kentucky and Tennessee, victims of the storms in those states get more time to file and pay taxes.
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7 Ways Biden Plans to Tax the Rich (And Maybe Some Not-So-Rich People)
Politics How would wealthier Americans pay more in taxes under President Biden's American Families Plan? Let us count the ways.
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More Monthly Child Credit Payments, Higher Child Care Credit, and Other Tax Breaks in Biden's Latest Plan
Tax Breaks President Biden's American Families Plan extends several popular tax credits that benefit low-income and middle-class families.
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Biden Hopes to Eliminate Stepped-Up Basis for Millionaires
Tax Breaks As part of his American Families Plan, President Biden wants to change the way capital assets are taxed when you die.
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Biden Calls for Capital Gains Tax Hike
Politics As expected, President Biden included a capital gains tax increase for millionaires in his American Families Plan.
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8 Reasons Why Your Third Stimulus Check Could Be Delayed or Denied
Coronavirus and Your Money The IRS has already delivered millions of third-round payments. If you're still waiting for your money, here's why your third stimulus check could be late (or never arrive).
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Taxes Aren't Due Yet, But You Might Want to File Now Anyway
tax deadline Even though this year's tax deadline has been extended, there are still plenty of good reasons to file your taxes now.
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Who Should Return Their Third Stimulus Check to the IRS?
Coronavirus and Your Money Some people who receive a third stimulus check are required to send it back to the IRS. Others can return it voluntarily.
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Claim Your 2018 Tax Refund Now – Or Lose It Forever
tax refunds There are about 1.5 million unclaimed 2018 tax refunds worth roughly $1.5 billion…but you need to act fast if any of that money is yours.
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