Taxes

While many Americans continue to wait out the global pandemic, one activity that should not be delayed is preparing your tax return. In fact, this year, the smartest advice may be to get prepared early. With more than 153 million people having received stimulus payments in 2020, and tens of millions of people having received unemployment benefits, there are new tax implications to consider.

Have you been intending to work up a Taxes To-Do List for your college student, but haven’t gotten to it yet? Don’t worry: The Key team has you and your student covered, and we’ll share the most important notes for filing this season.

Our glossary of common tax terms.

There are measures you can take to manage your retirement tax bill, both now when saving and later when making withdrawals.

Rules of thumb for keeping certain documents.

Get the most out of the money you get back.

The difference between taxable and nontaxable incomes.

How to strategize your tax plan.

Simplify the season by being prepared.