Living Paycheck to Paycheck? 6 Practical Ways to Handle Inflation
As inflation and the cost of living continue to outpace wage growth, more Americans are struggling to make ends meet.…
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…
Is Canceled Debt Taxable?
Updated for tax year 2025. If a creditor cancels your debt, that’s good news, right? Such cancellation of debt usually…
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…
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…
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…
Inflation Rate Calculator
High inflation got your stress levels up? Here are some savings and investment strategies you can use as an inflation…
How IRS Penalties and Interest Work
If you owe the Internal Revenue Service (IRS) after the filing deadline, the IRS may add two types of charges…
Tax Breaks for Teachers: How to Claim the Educator Expense Deduction
Updated for tax year 2026 Teachers are always looking for creative ways to enhance their students’ learning experience. Unfortunately, tight…
9 Ways to Lower Your Tax Bill
It’s easy to ignore taxes before tax season rolls around, but if you’d like to pay less next season, you…
Can an LLC Write Off a Car Purchase? How to Write Off a Car for Business Tax Deductions
Updated for tax year 2026 If you recently started an LLC or small business, you’ve probably heard you can write…
6 Tax Moves to Make Before the Summer’s Over
Updated for tax year 2026 Summertime — the days of sun-kissed skin, juicy slices of watermelon, flip-flops, and … taxes? Taxes…
5 Common IRS Notices Explained: CP14, CP2000, and More
Finding an envelope from the IRS in your mailbox can stop you in your tracks. But before you panic, it…
What Is a 1099 Composite Form?
A 1099 composite is a single tax document your brokerage or financial institution sends that bundles multiple investment-related information returns into one…
How to Set Up an IRS Payment Plan Using Form 9465
Did you file your return and realize your balance is more than you can pay all at once? Don’t worry,…
How to Respond to IRS Letters Step-By-Step
If you got a letter from the IRS and are wondering how to respond to an IRS notice, there are…
What To Do if You Get Audited After Filing
The words “IRS audit” can sound scary, like something out of a courtroom drama. But in reality, an audit is…