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…
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…
Taxes for UGC Creators: Influee, Steady & More
If you’re a UGC creator (user-generated content creator), making content for brands through platforms like Influee®, Steady®, Billo®, or Cohley®,…
IRS Form 1099-DA Explained: Digital Asset Tax Reporting Guide
If you dabbled in buying or selling cryptocurrency, NFTs (non-fungible tokens), or other digital assets during 2025, you might notice…
Can You Deduct Car Loan Interest on 2025 Taxes?
A new car loan interest deduction is hitting the road in tax year 2025, and it could mean extra tax…
Form 8962: A Guide to the Premium Tax Credit
If you purchased health insurance coverage through the Health Insurance Marketplace, you might need to file IRS Form 8962 with…
Filing Taxes for Married Couples: Benefits and Tips
Getting married changes many aspects of your life, including how you file your taxes. Choosing the right tax filing status…
Tax Implications of Owning Rental Property
Updated for tax year 2025. Owning rental property is a source of income that impacts your tax return. Let’s dive…
The Tax Benefits of Donating to Animal Shelters and Caring for Rescue Pets
When it comes to charitable donations and taxes, it pays to be generous. Helping shelter pets by donating to your…
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…
Your Complete Guide to Employee Stock Options and Tax Reporting Forms
Updated for 2025. Stock options and stock purchase plans are a popular way for employers to pad an employee’s compensation…
14 Tax Tips for Self-Employed People
Updated for tax year 2025. As a self-employed taxpayer, do you ever envy your traditionally employed friends at tax time? Having…