Due to 2020 being a different and unusual year for many, there may be some changes to your taxes this year. Learn more about some things to consider when filing this year.
If your income hits a certain level, you may face an additional wrinkle in calculating your taxes: the net investment income tax (also referred to as the unearned income Medicare contribution tax).
Every year, the College Board releases updated college cost data and trends in its annual report.
U.S. consumer spending accounts for about two-thirds of all economic activity, so it's good news that many businesses and consumers have adapted quickly to the new normal created by the pandemic.
On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. Major relief provisions are summarized here, as well as some additional tax provisions.
The window of opportunity for many tax-saving moves closes on December 31, so it's important to evaluate your tax situation now, while there's still time to affect your bottom line for the 2020 tax year.
Throughout its 100 year history, First Bank has been committed to being a responsible corporate neighbor and an active member of the communities in which it serves.