Now is the moment to turn your attention to your tax obligations. With less than 60 days remaining until the tax deadline now is a good time to prepare your documents and file.
Save the Date
The 2024 tax filing deadline is April 17. You will want to schedule an appointment with a tax professional or complete filing on your own in advance. If you need a filing extension, you can request an extension on the IRS website*.
Get Yourself Organized
Before you begin, make sure you have all the correct forms, like a W-2 and/or 1099. Maximize your contributions to your 401(k), IRA, or HSA to minimize your tax liability. Additionally, gather receipts and documentation for deductible expenses, such as charitable contributions and business-related costs.
Protect Yourself from Scams
Tax season is an opportune time for scammers to steal your personal information. Do not give out any personal information like your social security number or bank account details. Tax identity theft generally starts when a thief accesses someone else’s personal information, and files a fake tax return under that person’s name, claiming the refund for themselves.
Get Started Today!
As a member of MVCU, you can save money on TurboTax through Love My Credit Union Rewards*.
Category: Uncategorized
Need a smart strategy to save on essential school supplies? Planning your dream vacation or gearing up for the holiday season? With a club account, you can save for essential school supplies, exciting vacations, and joyful holiday celebrations, making your financial goals more attainable and stress-free.
Now is the moment to turn your attention to your tax obligations. With less than 60 days remaining until the tax deadline now is a good time to prepare your documents and file.
Using a credit card is one of the fastest and easiest ways to build credit or improve your credit score. Responsibly using credit cards allows you to demonstrate to lenders that you can manage payments. The earlier you begin, the better.
Building a strong credit score takes time. If you’ve pulled your credit score lately and you’re not satisfied with the number you received, there are several things you can do to raise your credit.
Did you know you can open a savings account with your child? It’s never too early to introduce them to important life lessons and the importance of saving. Opening a savings account for your child is a great way to introduce them to the value of money.