Taxes

January 10, 2025
5 Things to Consider Before Taking a Refund Anticipation Loan (RAL)

Tax season can bring a mix of emotions, especially when financial pressures are high. Many people face bills, unexpected expenses, or the need for a quick cash infusion, and the promise of a tax refund can seem like the solution.  Refund anticipation loans (RALs) sound appealing because they offer faster access to your tax refund.…

July 17, 2024
Navigating Property Taxes: A Guide to Relief and Abatement

Recently purchased a home? Congratulations! Many SaverLife members have shared that this is a major step to achieving lasting financial health and well-being. As you start mapping out mortgage payments and planning for home expenses, it’s important to understand the ins and outs of property taxes. Read on to learn more about navigating property taxes…

April 23, 2024
Self-Employment Taxes: What You Need to Know and How to Stay on Top of Them with Confidence

Being your own boss comes with many benefits, like greater flexibility, freedom, and control over your work. However, when it comes to taxes, being self-employed can feel like a whole new ballgame. Navigating the process of self-employment taxes, including what they are, who needs to pay them, and when they’re due, can be tricky and…

March 25, 2024
Decoding the IRS’s New Direct File Pilot Program — What it could mean for you

We know from talking to SaverLife members that the tax filing process could be improved, particularly by including more free filing options for simple returns. That’s why we’re encouraged by the recent announcement from the IRS that it just launche...

April 25, 2024
Understanding the Self-Employment Tax Implications for Family Caregivers

Are you providing regular care to a family member or friend? If you’re receiving compensation for your services, it’s important to track your income. Caregiving, even for a loved one, could be considered self-employment and change how you file your...