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Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
Receiving a tax refund is often a welcome windfall—and one you can use in many ways. According to the IRS, the average tax refund for 2023 is $1,963. This year's refunds may be slightly smaller than last year's as there are fewer available deductions, and taxpayers can't claim unpaid stimulus ...
When it comes to filing your taxes, it's always smart to start sooner rather than later. But, while doing taxes may feel like a chore to avoid, a little preparation can reduce your workload later on and make filing your return that much easier. What's even better: you might also ...
Tax season is just around the corner. With a bit of preparation, you can breeze through the season. Take the time to work through this list of must dos to make sure you’re prepared when Tax Day comes. The earlier, the better for a stress-free April. Know your due dates – ...
Though taxes aren't due until April 18, this year, the IRS has already begun accepting returns. As such, it's not too early to get your tax paperwork in order, especially if you think you're due a refund and don't want to wait too long to get your hands on it.What ...
In 2020, one of the most complicated aspects of tax filing was unemployment benefits. Usually taxable, Congress changed the rules temporarily after millions lost their jobs due to the coronavirus outbreak and filed for unemployment.On March 11, 2021, the American Rescue Plan Act of 2021 (ARPA) was signed into law. ...
Even if you're used to having a variable income, starting a business — which is essentially what taking on a side gig is — can bring new challenges. Creating systems and getting organized at the start can give you a solid foundation for building your income and avoiding unnecessary expenses. ...
The original theme of this month's newsletter changed rather dramatically as the early March events in the banking sector radically altered the tone in the markets. While the focus had been a deeper dive into the “Recession vs Runway” theme for an economic landing, the failures of Silicon Valley Bank ...
Married couples seem to get a lot of breaks when it comes to finances—presumably, two people are earning (and sharing) income; they might have more choices for affordable insurance, and they often enjoy more generous tax deductions. Yet they also have to navigate tricky financial situations, such as allocating their ...
With the price of food on the rise, grocery bills are growing along with it. It can be a challenge to stick to your grocery budget while also trying to check everything off your list. But, with a little effort, you can keep your weekly grocery bill on budget. Whether ...
More than 11 million minority-owned businesses make up the economic fabric of the United States, according to data compiled by The Business Journals, and these businesses generate about $1.8 trillion in annual revenue, making up a good portion of the country’s economic success.Yet, minority-owned businesses do not receive nearly as ...
Do you have a budget? It’s a core factor in improving your financial well-being – both for today and the future. Consider this guide your “budget buddy” and get started today.What is a budget?We hear the word a lot, but what does it really mean to make a budget? At ...
Every March, we celebrate Women’s History Month where we honor women’s contributions in American History. This is a time to celebrate actions big and small that have led the way for progression. The theme for Women’s History Month 2023 is Celebrating the Women Who Tell Our Stories. These women might ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender