Most married couples file a joint tax return, but did you know that you can file separate returns even if you are married? The IRS rules allow you to choose your filing status at tax time, so you can select the status that works best for your situation. In most cases, filing a joint income Read more…
Personal Finance Resources & Guides
Where’s My Refund Colorado?
Tax season can be a stressful time and the cause of much anxiety for many taxpayers. Especially taxpayers who are anticipating a tax refund and are anxiously waiting for the funds to arrive. It can be quite confusing and frustrating at times trying to figure out the status of your refund. One of the most Read more…
Where’s My State Refund?
Tax season can be a stressful time and the cause of much anxiety for many taxpayers. Especially taxpayers who are anticipating a tax refund and are anxiously waiting for the funds to arrive. It can be quite confusing and frustrating at times trying to figure out the status of your refund. One of the most Read more…
Where’s My Amended Refund?
Tax season can be a stressful time and the cause of much anxiety for many taxpayers. Especially taxpayers who are anticipating a tax refund and are anxiously waiting for the funds to arrive. It can be quite confusing and frustrating at times trying to figure out the status of your refund. One of the most Read more…
What is OASDI Tax? Is it different than Social Security tax?
If you have looked at your paycheck recently, you have likely noticed a lot of different taxes being withheld from your earnings. You probably already know what several of those taxes are. Federal and state income taxes should be fairly obvious, but what about others like the OASDI, FICA, or Social Security taxes? Most people Read more…
Social Security Tax Deferral CARES Act
 Most people are familiar with the 6.2% Social Security tax that is withheld from each of their paychecks. During the Coronavirus pandemic, the Federal government was looking at many different ways to help Americans who were struggling financially. One method that was utilized was a payroll tax deferral that allowed employers to defer the Read more…
Who Receives Social Security and When?
The Basics of Social Security Have you ever wondered about the ins and outs of Social Security? Maybe you’ve asked yourself who’s eligible or when’s the best time to claim the benefits. Let’s dive into the world of Social Security and unravel these mysteries together. Why Social Security Was Created The Great Depression left countless Read more…
Will Social Security Ever Run Out?
Ever had that nagging worry at the back of your mind about whether Social Security will be there when you retire? You’re not alone. There is reason to worry about this, especially if you are younger. Let’s deep dive into this question. Brief History of Social Security In 1935, during the struggle of the Great Read more…
Social Security Break-Even Calculator – Take The Guesswork Out Of Social Security Planning
One of the biggest decisions you will make as you get closer to retirement age is when to start your Social Security benefits. You probably already know that you can start receiving your benefits as early as age 62, but this will result in a reduced monthly benefit amount. If you wait past your full Read more…
Is Short-Term Disability Taxable? Full Guide & Tips Inside
Short-term disability (STD) insurance provides financial assistance to those who are temporarily unable to work due to an illness, injury, medical condition, or even childbirth. These payments can be a huge benefit to workers who must miss work for a while. Private insurance companies provide short-term disability insurance, and it should not be confused with Read more…
