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Why Tax Refunds May Be Smaller in 2023 01/30/2023 07:00pm • Last year's tax refunds were supersized for many families. Economic impact payments, an increased child tax credit and expanded eligibility for other tax breaks helped boost the average refund to $3,039 in 2022, a 7.5% increase from the year before. Now, many pandemic-related enhancements to tax cre How to File Taxes When You Are Self-Employed 01/24/2023 07:00pm • Anyone who starts their own business eventually needs to learn how to file taxes as a self-employed worker. The alternative, not filing taxes and seeing your back taxes bill balloon over the years, isn't pretty. We'll start with the self-employment tax first, because it's so important, and then we'l DC celebrates the return of Lunar New Year Parade in Chinatown 01/22/2023 08:16pm • Dragon dancers, marching band performers and spectators filled the streets of Chinatown on Sunday afternoon for D.C.’s Annual Lunar New Year Parade. People give gifts to a performer following the Lunar New Year Parade in the Chinatown neighborhood of Washington, D.C., on Jan. 22, 2023. — 202 What to Do With Your Tax Return Money 01/22/2023 07:00pm • If you're eagerly awaiting your tax refund, you may be ready to start an online shopping spree or earmark the money for a big purchase, like an 85-inch TV. Stop and think for a moment: These are economically challenging times. In 2022, according to the Internal Revenue Service, the average tax refun Tax prep checklist: Collect these forms before filing your taxes 01/13/2023 09:50am • Every year, it can pay off to get organized and gather your tax documents early, both because you're likely to receive your tax refund sooner and you'll avoid the stress of scrambling at the last minute. This is important because the Internal Revenue Service has been particularly slow in recent y What Is Tax Form 1099-K? 01/11/2023 07:00pm • You might receive a Form 1099-K for tax year 2023 -- and beyond. That's because the America Rescue Plan of 2021 changed the reporting threshold requirement for third-party settlement organizations (TPSOs), which are companies that process payments between two parties. What Is Form 1099-K?Form 1099-K Smithsonian 'Castle' on National Mall to close for 5-year restoration 01/05/2023 03:50pm • One of the National Mall's iconic landmarks will close soon for a years-long restoration. D.C.'s Smithsonian Institution Building, widely known as "the Castle" owing to its Gothic revival architecture and sandstone exterior, will close to the public starting Feb. 1 to kick off its first major ren 9 Red Flags That Could Trigger a Tax Audit 01/04/2023 07:00pm • What is an IRS audit?The IRS may choose to review a taxpayer's accounts and financial information to ensure they followed all tax laws. Even though the IRS audited only 0.3% of individual income tax returns in 2020, many taxpayers live in fear of a letter from the bureau questioning items on their r WTOP’s LEDO PIZZA TEAM PARTIES SWEEPSTAKES 12/29/2022 11:11am • WTOP’s LEDO PIZZA TEAM PARTIES SWEEPSTAKES Official Rules   NO DONATION NECESSARY TO ENTER OR WIN; A DONATION WILL NOT IMPROVE CHANCES OF WINNING. VOID WHERE PROHIBITED BY LAW.   BY ENTERING THE SWEEPSTAKES, EACH ENTRANT AGREES TO THESE OFFICIAL RULES.   Eligibility: No purchase nec Burst frozen pipes at Prince George's Co. church draws crowd of helping hands 12/26/2022 10:23am • On a frigid Christmas Day, church leaders of Our Savior Lutheran Church in Laurel, Maryland, got a call from their local fire department. The church held their services as usual on Christmas morning but were alerted of burst pipes in the building later that afternoon. When they arrived, se Brands tightening policies on holiday returns 12/26/2022 07:36am • The busy shopping season isn’t over yet for retailers because consumers will now be heading back to stores for those returns. At least 33% of shoppers are expected to return unwanted gifts before the end of January, according to the e-commerce company, Red Stag Fulfillment. More Important Dates to Mark on Your Personal Finance Calendar 12/21/2022 07:00pm • Get financially organized.If your New Year's money resolution is to stay on top of your finances, a calendar can help.After all, much of staying organized with your finances means keeping track of dates. Just as you don't want to be late with a credit card bill, you really don't want to be late fili 8 Sites to Cash in on Unused Gift Cards 12/19/2022 07:00pm • While many of us love receiving gift cards, sometimes they just don't hit the mark. Maybe you received a gift card to a hardware store but aren't a DIYer, or you've collected several gift cards for fast-food chains yet are trying to eat healthier. If you think that sitting in the junk drawer might b Astronomical gift ideas for stargazers 12/18/2022 11:34am • I’m a bit late this year providing some great gift ideas for that stargazer of yours. If you are like me, that has been the story of 2022 - always behind and trying to keep up. All is not lost though, because if you search online, you will find specials and sales on astronomical items going on rig Holiday discounts are already hard to resist — the best bargains are yet to come 12/17/2022 10:35am • Stores are drowning in a glut of merchandise this holiday season, keeping the discounts fast and furious in the runup to Christmas. And the deals are only getting juicier. So if you have the patience and the willpower to wait to grab a few bargains for yourself, you'll be richly rewarded. "