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*.
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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.
Knowing how credit inquiries affect you is a big part of being financially healthy. When you apply for a credit card or loan the creditor will “pull” your credit. This is known as a hard inquiry – but there are also soft inquiries, too. Here is what makes them different:
The beginning of the school year is an exciting time for families, but it also comes with the stress of managing expenses. From school supplies to clothing and extracurricular activities, the costs can quickly add up. Here are some saving strategies to help you send your kids back to school prepared:
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Thank you to everyone who submitted a photo to our contest, and to all of you who voted for your favorites! Our 2025 calendar theme is: “Best in Show.” This year, we celebrated the diverse and beloved pets that bring joy to our lives. We were excited to see so many proud pet parents showcasing what makes their companions truly special.
Card Skimming is a tactic that criminals use to obtain your sensitive information from your debit and credit cards. Criminals do this by installing devices on card-reading machines or other point-of-sale terminals. These devices capture and store data that the criminals use to sell or make purchases and withdrawals. Here’s what to know about card skimming and how to protect yourself.
Home equity is the value of a homeowner's interest in their home. It is calculated as the difference between the home's current market value and the outstanding balance of any mortgages or liens on the property. For example, if your home is worth $300,000 and you owe $200,000 on your mortgage, your home’s equity is $100,000.