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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.…

Meghen Ponder

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…

Meghen Ponder

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…

TaxAct

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…

Meghen Ponder

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.…

Meghen Ponder

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…

Meghen Ponder

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…

Meghen Ponder

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…

Meghen Ponder

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…

Meghen Ponder

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…

Meghen Ponder

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.…

Meghen Ponder

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…

Meghen Ponder

Inflation Rate Calculator

High inflation got your stress levels up? Here are some savings and investment strategies you can use as an inflation…

Meghen Ponder

How to Earn Passive Income and What It Means for Your Taxes

Updated for tax year 2025 If making money with minimal effort is a dream of yours, passive income just might…

Meghen Ponder

8 Kinds of Debt You Can’t Lose in Bankruptcy

When you’re going through a financial crisis and facing a plummeting credit score, sometimes bankruptcy is the best or only…

Meghen Ponder

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…

Meghen Ponder

What Happens if You Can’t Pay Your Taxes?

Tax season can be stressful, especially when you’re looking at a hefty tax bill. Paying what you owe can be…

Erin Mckendrick

What to Do With Your Tax Refund: 9 Smart Ways to Use It in 2026

Got a tax refund this filing season? You’re not the only one. According to IRS filing data, the average refund…

Meghen Ponder

What is a Trump Account? Understanding the New Savings Accounts for Kids and Families

Updated May 2026. The Working Families Tax Cut Act (formerly called the One Big Beautiful Bill) introduced a new type…

Meghen Ponder

Boost Your Retirement with Your Tax Refund

Updated for tax years 2025 and 2026. If you received a tax refund this year, you may have big ideas…

TaxAct

9 Surprising Health Expenses Covered by Your HSA or FSA

You probably know that you can use your health savings account (HSA), health flexible spending arrangement (FSA), Archer medical savings…

Meghen Ponder

Guide to Social Security Taxes

Social Security benefits are crucial to many Americans’ retirement plans, providing a safety net that helps ensure financial stability in…

Meghen Ponder