Why Is My Tax Refund Smaller This Year?
Updated for tax year 2025. Was your tax refund smaller than anticipated this year? Here’s why your refund from the…
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.…
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…
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…
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…
Does Texas have state income tax?
Texas does not impose a state personal income tax, meaning you won’t receive a Texas tax refund, and there is no Texas refund status to…
Does Wyoming have state income tax?
Wyoming does not impose a state personal income tax, meaning you won’t receive a Wyoming tax refund, and there is no Wyoming refund status to…
Does Alaska Have State Income Tax?
Alaska does not impose a state personal income tax, meaning you typically won’t receive an Alaska tax refund, and there…
Does Nevada Have State Income Tax?
Nevada does not impose a state personal income tax, meaning you won’t receive a Nevada tax refund, and there is…
What Is IRS Form 2553? S Corporation Election Explained
If you're a small business owner considering the S corp route, IRS Form 2553 is the key to electing S…
Understanding IRS Form 1098: A Guide for Taxpayers
If you’ve received IRS Form 1098, you might be wondering how it impacts your tax return. Whether you’re a borrower with…
Top Tax Deductions for Freelance Tutors
Updated for tax year 2025. Freelance tutoring can be a great way to earn some extra cash. Sometimes, it may…
Does Washington Have State Income Tax?
Washington does not have a state income tax, so there’s no traditional Washington tax refund to track. Learn more about…
How Much of My Mortgage Payment is Tax Deductible?
Updated for tax year 2025. If you’re a homeowner and a taxpayer, you’ve probably heard about the mortgage interest deduction and other…
Form 1099-DIV: What It Is and How to Report Dividend Income
So, you’ve received a Form 1099-DIV in the mail, and you’re wondering what to do with it. Don’t worry —…