Beginning January 2024 OHIO is going to help(including recent graduates who have DREAMS of purchasing a home in the future) Ohio residents save for a down payment and/or closing costs at premium interest rates paid by Ohio financial institutions.These accounts when opened by the individual will be administered similar to Ohio’s 529 plans for education […]
Archive for taxable income
HELP FOR STUDENT LOAN PAYERS
Payers should check with their employers concerning Educational Assistance Programs. A simple call to the Human Resource Department asking about this benefit may save you money. Your employers can now use this program to help with your student loan obligations. This is a special provision option to help pay down student loans. It has been […]
BEWARE OF 2023 TAX CHANGES NOW – PLAN AHEAD – GET ORGANIZED
If you have sold anything valued over $600. in 2023 using payment transactions such as credit cards, Pay Pal and/or Venmo, you will be getting a FORM 1099-K from the service at year end. […]
TAX UPDATES FOR 2022
There will be several changes when filing your 2022 taxes. Some of the changes will increase your taxes due for 2022. If you received a refund last year, you may not receive one this year due to the following taxing updates: The child tax credit is $2,000. for a qualifying child. It was $3,600. in […]