How to Guide on Preparing for Tax Season
Posted On: January 15, 2025 by CSE Federal Credit Union in: Education, General
How to Guide on Preparing for Tax Season
The New Year is here, and that also means the countdown to tax season begins. Preparing your taxes may seem like a stressful and daunting task, but it doesn’t have to be. With a little organization and planning, you can file your taxes efficiently and even uncover opportunities to save money.
Step 1: Gather Your Documents
Here’s what you’ll likely need:
Income Statements: W-2s from...
This Tax Season Get Help with our Tax Guide, from Resources to Refunds
Posted On: January 24, 2022 by CSE Federal Credit Union in: Education, General
It’s that time of the year again; the time when you gather up all of your paperwork, forms, and other information necessary to file those dreaded taxes. While the tax process doesn’t change much from year-to-year, there are a few things that may look different for you depending on whether you have been taking advantage of the Child Tax Credits that were available for eligible filers.
New Tax Information for When You File
You may...
Understanding the 2021 Child Tax Credit
Posted On: September 10, 2021 by CSE Federal Credit Union in: Budgeting, Education, General
Taxes and deductions can be complicated, especially when tax credit eligibility constantly changes. For families with children, understanding what child tax credit assistance is available and how it will be distributed provides helpful insight on how best to optimize personal finances.
Recent changes to the Child Tax Credit expand its reach to help more families for the 2021 tax year. Advance payments, based on 2020 returns, began rolling out in July 2021 and will continue...
Be the Boss of Your Money! Tax Refund Quick Tips
Posted On: January 4, 2021 by CSE Federal Credit Union in: General
It’s that time of year when many of us will be receiving a tax return from the IRS (hopefully). But, the reality is that many of us don’t use that refund responsibly and we squander it away in a short period of time.
Don’t worry, you can still be excited and dance a little while holding that check in your hands, but once the excitement wears off, begin to change your carefree spending habits and start being responsible...
