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Do you have to pay back the CARES Act SBA loan?

A: Any loan amounts not forgiven must be repaid by the borrower on or before the borrower’s applicable maturity date (two years for those loans “made” pri...

Jul 02, 2026 • 1 READS

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What is the taxable income for 2021?

2021 Income Tax Brackets Tax Brackets and Rates, 2021 12% $9,951 to $40,525 $19,901 to $81,050 22% $40,526 to $86,375 $81,051 to $172,750 24% $86,376 to $...

Jul 02, 2026 • 0 READS

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What do I need to know before changing banks?

7 Things You Should Know Before You Switch Banks Whether your new bank is FDIC insured. How you can access your funds at your new bank. Interest rates at ...

Jul 02, 2026 • 0 READS

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How do I know if I filed correctly?

Here are four options to find out your status with the IRS. Ask the IRS. Call the IRS directly at (800) 829-1040, or go in person to an IRS Taxpayer Assis...

Jul 02, 2026 • 0 READS

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When can the Executor distribute estate?

As an Executor, you should ideally wait 10 months from the date of the Grant of Probate before distributing the estate. The Grant of Probate is the docume...

Jul 02, 2026 • 1 READS

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Can you claim back interest on your mortgage?

Normally, you did not claim mortgage interest relief in an annual tax return because it was given directly to you by your mortgage lender. However, you co...

Jul 02, 2026 • 1 READS

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Can veterans lose their disability benefits?

In certain circumstances (in addition to no longer being disabled), a veteran can lose his or her disability benefits. If a veteran commits treason, mutin...

Jul 02, 2026 • 1 READS

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How does TurboTax help first time tax filers?

TurboTax is developed with first-time filers in mind. We guide you step by step with simple, plain-English questions and apply the appropriate tax laws in...

Jul 02, 2026 • 1 READS

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Do I pay taxes on a buyout?

Buyouts are included as an item of gross income and are considered as fully taxable income under IRS tax laws. Thus, a buyout is taxable in the year of pa...

Jul 02, 2026 • 1 READS

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Does it take 21 days for the IRS to approve your refund?

More than 90 percent of tax refunds are issued by the IRS in less than 21 days, according to the IRS. However, the exact timing depends on a range of fact...

Jul 02, 2026 • 1 READS