In this biweekly paycheck, you’ll find your gross pay – blocked out for privacy reasons. But beyond your earnings, you’ll notice a series of deductions. These deductions include federal income tax, New Jersey state income tax (due to living in Manhattan and working in New Jersey), New York state income tax, New York City income … Read more
Are you facing the looming deadline for filing your individual tax return and feeling unprepared? Don’t worry; you’re not alone. Life can get busy, and sometimes you need more time to gather your financial documents and ensure your tax return is accurate. That’s where Form 4868, the Application for Automatic Extension of Time to File … Read more
In today’s complex financial landscape, it’s easy to feel overwhelmed by the multitude of taxes we encounter in our daily lives. One significant tax that has a substantial impact on your finances is known as FICA taxes. In this article, we will demystify FICA taxes, explain what they are, how much they cost you, and … Read more
Tax season can be a daunting time for many individuals, but with the right knowledge and preparation, it doesn’t have to be a stressful experience. In this comprehensive guide, we will walk you through the process of “how to file taxes“, covering important deadlines, last-minute tips, extensions, and more. Whether you’re a seasoned tax filer … Read more
In an age where connectivity is the lifeline to education, employment, and countless opportunities, the Affordable Connectivity Program emerges as a beacon of hope for those seeking accessible and affordable internet services. Created by Congress within the Infrastructure and Jobs Act, this program, signed into law in November 2021, aims to bring the digital world … Read more
In this guide of child tax credit payments, fasten your seatbelts because the rollercoaster of uncertainty continues to spiral. We won’t employ hyperbole or theatrics, but it’s crucial to underscore that the current state of affairs can only be characterized as a crisis. The twists and turns of this narrative are leaving both experts and … Read more
If you’ve been keeping an eye on the mortgage market, you might have heard about Rocket Mortgage’s new program that allows homebuyers to put down as little as one percent on their homes. It’s an enticing offer, no doubt, but is it too good to be true? In this article, we’ll dive deep into Rocket … Read more
In the ever-evolving landscape of business financing, the Small Business Administration (SBA) loan program has emerged as a beacon of hope for entrepreneurs seeking capital to fuel their dreams. If you’re an aspiring or established business owner, understanding the intricacies of SBA loan interest rates is paramount. Join us on a comprehensive journey as we … Read more
In these challenging times, understanding the intricacies of the Paycheck Protection Program (PPP) can be a game-changer for businesses seeking financial stability. Join us as we delve deep into the PPP loan program, breaking down the essential details, eligibility criteria, and recent updates that are shaping its landscape. From loan terms and forgiveness criteria to … Read more
If you’re considering buying a home and have an annual income of fifty thousand dollars, you might be wondering just how much home you can afford. Interest rates play a significant role in determining your monthly mortgage payment, and they can fluctuate. You might also be concerned about how your credit score, down payment, and … Read more