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Five Hidden Ways to Boost Your Tax Refund
March 30, 2021
Tax time is just around the corner. Wouldn’t a big fat tax refund come in handy? Well, here are steps you can take now to boost your tax refund when you file after the first of the year.
Itemize your deductionsThe standard deduction is $12,400, so it’s tempting to claim it rather than tracking down receipts and tax forms so you can itemize your deductions. But itemizing might be worth...
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Impact of Stimulus Payments on Your Taxes
March 11, 2021
Categories: COVID-19, Emergency, General, Taxes
What a year 2020 has been! New Year’s celebrations were barely over when the coronavirus turned things topsy-turvy. But one bright spot for 159 million people was the $1,200 Economic Impact Payment that appeared in their mailbox or checking account.
If you didn’t receive a payment, you may be wondering, why? And if you did, you may be wondering, what’s the catch? American First is here to help put your mind at ease, so let’s tackle your questions, one by...