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New Electric Vehicle Credits

Here is a summary of the details surrounding the new Clean Vehicle Credit: The tax credit of up to $7,500 for electric vehicles (EVs) is extended for 10 years until December 2032. Starting in 2023, used cars now qualify for up to a $4,000 tax credit. Starting in 2024,...

Watch Out! Vacation Costs That Sneak Up on You

Going on vacation is a time to get away, relax and enjoy new experiences. But if you don’t pay close attention, extra costs can sneak up on you like tiny money-stealing ninjas. Here are eight sneaky vacation costs.       Covert airfare increases....

Common April Tax Questions Answered!

The individual tax deadline of April 18th (yes, this year it's April 18th!) is fast approaching. Here are answers to five common questions that taxpayers typically ask in April. What happens if I don’t file on time? There’s no penalty for filing a tax return after the...

Plan Your Retirement Savings Goals for 2022

There's good news for your retirement accounts in 2022! The IRS recently announced that you can contribute more pre-tax money to several retirement plans in 2022. Take a look at the following contribution limits for several of the more popular retirement plans:  ...

Social Security Announces 2022 Adjustments

2022 SOCIAL SECURITY benefits have changed AVERAGE RETIREMENT BENEFITS Starting January 2022 All workers in 2021: $1,565/mo All workers in 2022: $1,657/mo The 2022 maximum Social Security retirement benefits a worker retiring at full retirement age: $3,345/mo...

Weekly Tax Tips