How a Summer Job Affects Your Taxes
A summer job is a great way to add extra money to your bank account. Whether you’re a cash-strapped student, a…
Is Unemployment Compensation Taxable Income?
Unemployment benefits can be a vital support for those experiencing unexpected job loss. If you received unemployment compensation for the…
Important Tax Dates and Deadlines in
Updated for tax year 2024. Get ready to mark these important dates on your calendar. Here are the most important…
2024 Tax Changes: What You Need to Know
Every year brings new tax law changes to keep American taxpayers on their toes, and 2024 is no different. From…
Do I Need to File Taxes?
Not every American taxpayer must file a tax return, even if you earned taxable income during the year. Let’s review…
Understanding Adjusted Gross Income (AGI)
As a taxpayer, you’ve undoubtedly heard about adjusted gross income, or AGI, which plays a pivotal role in your taxes.…
8 Back-to-School Shopping Tricks to Save Moms and Dads Money
Back-to-school shopping can put a serious dent in your bank account, and rising prices aren't exactly helping matters. Before you…
Is Canceled Debt Taxable?
Updated for tax years 2023 and 2024. If a creditor cancels your debt, that’s good news, right? Such cancellation of…
Why Is My Tax Refund Smaller This Year?
Updated for tax year 2023. Was your tax refund smaller than anticipated this year? Here’s why your refund from the…
Top Inflation Changes for Tax Year 2023
While there is no escaping inflation, the IRS adjusts certain tax numbers every year to account for reduced purchasing power.…
Tax Filing 101: 7 Things That Can Impact Your Tax Refund
It’s time to review some important tax basics before the upcoming tax season. Here are seven things to keep in…
6 Tips for Dealing With Inflation While Living Paycheck to Paycheck
As inflation and the cost of living continue to climb, more Americans are starting to feel the strain on their…
Inflation Rate Calculator
High inflation got your stress levels up? Here are some savings and investment strategies you can use as an inflation…
Know More About Tax Deductions and Credits
Updated for tax year 2025. You’ve probably heard the phrase, “You can deduct that,” a lot around tax season. But…
What is the Child Tax Credit (CTC)?
If you're a parent or caregiver, you've probably heard about the Child Tax Credit (CTC). It’s one of the biggest…
What is the Additional Child Tax Credit (ACTC)?
As a parent or guardian filing taxes, you’ve likely claimed the Child Tax Credit (CTC). But what happens if the…
How to Maximize Your Tax Deduction for Charitable Donations
Updated for tax year 2025. Most people don’t get into charitable giving purely for a tax benefit. However, the opportunity…
Can an LLC Write Off a Car Purchase? How to Write Off a Car for Business Tax Deductions
If you recently started an LLC or small business, you’ve probably heard you can write off a vehicle for tax…
Itemized Deductions vs. Above-the-Line Deductions
You probably know that claiming income tax deductions reduces your taxable income. But did you know that not all deductions are created…
3 Easy Ways to Avoid Paying a Gift Tax
Updated for tax year 2025. If you give away generous sums of money to a loved one, whether a friend…
How to File Taxes for Content Creators and Influencers
Have you joined the ranks of Instagram® influencers, bloggers, and content creators on platforms like YouTube® and TikTok®? If so,…
Should I Itemize or Take the Standard Deduction?
Quickly determine if you should take the standard deduction or choose to itemize on your tax return.
The One Big Beautiful Bill Passed: Learn What’s Changing
The One Big Beautiful Bill Act — also known as the Big Beautiful Bill, or One Big Beautiful Bill (OBBB)…