Don't Forget - It is Financial Literacy Month!
We encourage you to support Financial Literacy Month events and initiatives conducted and sponsored by our California Partners, our fellow State Coalitions, and others. This is a unified effort to raise awareness about the importance of financial literacy and the need for effective financial education. Financial literacy is important especially now with the economic uncertainties following Coronavirus (COVID-19), inflation and world events. California Jump$tart is supporting a new Public-Private Partnership - AB 2215 - below. Join us by adding your voice with a Support Letter!
This Month's Newsletter Focus is on Taxes
April means it is time for taxes! With the deadline for taxes just around the corner our effort this month is to address the lack of understanding taxes and — particularly income and employment taxes.
- Organize - Good organization may not cut your taxes. But there are other rewards, and some of them are financial.
- Itemize - It’s easier to take the standard deduction, but you may save if you itemize, especially if you are self-employed, own a home or live in a high-tax area.
- Pay on Time - If you can’t finish your return on time, make sure you file by the filing deadline (April 18 in 2022) form 4868, which gives you a six-month extension to complete your return.