Taxes

The Impact of Stimulus Payments on Your Taxes

The Economic Impact Payments that nearly 160 million people received via direct deposit or by mail was one bright spot from last year. If you received a stimulus payment, you might be wondering, what's the catch? We are here to help and put your mind at ease, so let's tackle your questions, one by one. Do I owe tax on…

Read more
Piggy Bank next to a jar of money which reads Tax Refund.

Tips to Boost Your 2019 Tax Refund

Although 2019 has ended, there are still a few things that you can do to save money for your 2019 tax return. Contribute to an IRA account Contributing to an IRA is one of the things that you can still do to reduce your 2019 taxes. You can contribute up to $6,000 to an IRA, or $7,000 if you’re 50…

Read more
Allied Healthcare Federal Credit Union logo