Working from Home: Can You Claim the Home Office Deduction on Your 2020 Tax Return?
People working from home because of the pandemic are wondering if they can get a tax deduction out of it. It depends on your employment status.
People working from home because of the pandemic are wondering if they can get a tax deduction out of it. It depends on your employment status.
A clearinghouse is a financial institution that acts as a middleman between buyers and sellers in a market, ensuring that transactions take place even if one side defaults. If one side of a deal fails, a clearinghouse can step in to fill the gap, thus reducing the risk that a failure will ripple across financial […]
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If you’re hoping for a fat or speedy federal tax refund this year — or a bigger refund next year — you should know these facts.
Key Takeaways Even the best online savings accounts currently offer an average of just 0.05% APY, according to the Federal Deposit Insurance Corporation (FDIC). Although your money might be safe in a basic savings account, you’re definitely not going to build wealth. With that in mind, it’s smart to keep an eye out for ways […]
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The cash envelope budgeting method can be a very effective way to control your spending. The premise is simple. You come up with spending limits for your variable expenses, like groceries, eating out or entertainment. Next, you fill up envelopes with cash to match what youâve budgeted for each category. As you shop throughout the [â¦]
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