X

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…

TaxAct

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 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…

Meghen Ponder

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…

Meghen Ponder

Form 1099-LS: What It Is and How to Use It

Updated for tax year 2025. Sometimes, life throws you a curveball, and you’re suddenly staring at a tax form you’ve…

Meghen Ponder

IRS Extends Tax Deadlines in Some States Due to Natural Disasters

Last updated June 30, 2026. The Internal Revenue Service (IRS) has announced tax relief for taxpayers in areas impacted by…

Meghen Ponder

Are Tariff Refunds Taxable? What Businesses and Importers Need to Know

If your business imports goods, you've probably heard about the ongoing debate over certain International Emergency Economic Powers Act (IEEPA)…

Meghen Ponder

How to Change Your Business Name

Your small business is your baby, and choosing the right name for it is a big deal. But what happens…

Meghen Ponder

Can You Lower Your Tax Bill After Filing?

Filed your tax return and still owe more than you expected? You may still have options. If your return has an…

Erin Mckendrick

Buy or Lease? An In-Depth Look at the Costs of Buying and Leasing a Car

Updated for tax year 2025. Are you ready for a new set of wheels? A new vehicle is a significant…

TaxAct

Your Guide to Form 1099: What You Need to Know

Whether you’re a small business owner or an individual tax filer, you may have heard a lot about 1099 forms.…

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