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March 2021
Greetings!
   

Welcome to March! We hope that some things are getting back to normal for you and we are looking forward to spring and summer.
 
One of the terminology mistakes we often run across is the difference between a tax return and a tax refund. Check out the latest episode of Debt Therapy® to understand the difference and what getting a tax refund really means. Another video to check out relates to keeping money at a bank where you owe money. Be careful!
 
Our latest news items highlight some of the recent changes with student loans, taxes, and debts to pay.

Thank you for reading and please feel free to forward our newsletter to any friends, colleagues, or family members who may be interested in learning more about debt, credit, and solutions to financial stress.
Taxes
Season 2, Episode 5

Tis the season...for taxes! And it is important to understand the difference between a tax return and a tax refund. Plus, what does it actually mean if you get a refund? Find out the answers on this episode. And always remember, do what works best for you and your financial journey!
MUST SEE VIDEO
Don't Keep Money Where You Owe Money!
by Jen Lee
NEWS ARTICLES

Student loan forgiveness may become tax-free under Covid relief bill. Here’s what that means for borrowers
by Annie Nova

A significant provision making any student loan forgiveness tax-free has been included in the $1.9 trillion federal coronavirus stimulus package that’s working its way through Congress and will likely soon be signed into law.
Currently, any student loan debt canceled by the government can be considered taxable and levied at the borrower’s normal income tax rate (read more).
5 Things To Do With a Large, One-Time Payment
by Dan Miller

This is the time of year when many people might be getting a tax refund. While there are pros and cons to using your tax refund as forced savings, many people wonder what are some of the best ways to use your tax refund. When you have a regular monthly budget, it can be challenging to figure out the best things to do with a relatively large check, especially if it’s unexpected or larger than your typical income amounts (read more).
A caring approach to debt and credit strategy.
SERVICES
SPEAKING ENGAGEMENTS-

Don’t Stress: Tips to Avoid Common Financial Mistakes
and Scams during COVID-19
March 18, 2021
at 9 a.m. PST
Tri-Cities Marketing Council

The Elephant in the Room: How Financial Stress is Destroying Productivity, Relationships, and Health
March 29, 2021
at 12 p.m. PST
Rotary Club of Hollister

Don’t Stress: Tips to Avoid Common Financial Mistakes
and Scams during COVID-19
April1, 2021
at 12 p.m. PST
Kiwanis Club of San Ramon Valley

WE'VE GONE VIRTUAL!
This is just a basic overview and is not legal advice specific to your situation. If you have questions about your rights when it comes to debt and credit, you should speak with an attorney in your area for legal advice. If you live in California or North Dakota and would like to speak with Jen Lee Law regarding your situation, please schedule an appointment on our scheduling site.