Blog
Tax Identity Theft Awareness - Protecting Yourself from Tax Identity Theft
Submitted by Neville Associates on February 18th, 2021Tax identity theft is when someone steals your Social Security Number, files a tax return with your number, and directs a refund to their own bank account. In other cases, this type of identity theft may involve a scam artist calling on the phone, pretending to be a rep from the Internal Revenue Service (IRS), and demanding payment over the phone.
8 Tips for Finding Balance Between Work and Life
Submitted by Neville Associates on February 1st, 2021Tax Planning Basics
Submitted by Neville Associates on February 1st, 2021For years it was assumed that tax planning was reserved for the wealthy. While wealthy individuals will see the most benefit from tax planning, with big changes looming for the 2018 tax year, even middle-income earners can reap the benefits of tax planning.
Things to Do After You Retire
Submitted by Neville Associates on February 1st, 2021The moment you have been working for your whole life is about to arrive: retirement. This stage of your life will likely offer more free time than you have ever had before. In fact, if you are like a lot of people, you may be wondering how you should spend your time. Check out these ideas to see what resonates with you.
1. Travel
The New IRS Tax Rates and Deductions for 2021
Submitted by Neville Associates on February 1st, 2021Amidst all the pandemic news and 2020 election drama, many might have missed that the IRS also quietly published new 2021 tax rates in late October and a there are plenty of changes that will impact taxpayers in 2021.
While it’s more than a year away (these changes are for 2021 returns filed by taxpayers in 2022), there are a few changes that you should know about.
Understanding the Earned Income Tax Credit
Submitted by Neville Associates on February 1st, 2021How to Build a Retirement Plan
Submitted by Neville Associates on January 5th, 2021Tips for Tax Preparation
Submitted by Neville Associates on January 5th, 2021In 2020, the government gave taxpayers an automatic six-month extension due to the coronavirus. Individuals who were affected by the damaging wildfires were also given additional time to meet most tax deadlines. However, in 2021, the deadline for submitting your income tax return is likely to return to the regularly scheduled time slot on April 15.
COVID-19 Stimulus, Round Two: What Should You Know?
Submitted by Neville Associates on December 30th, 2020After months of intense debate, the House and Senate voted to pass a second COVID-19 economic stimulus bill and the President has signed it into law.1 At a total cost of $900 billion, this 5,600-page bill1 contains everything from individual payments to taxpayers2 through increased broadband access3, all the way through funding for vaccine distribution.4