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The One Big Beautiful Bill Passed: Learn What’s Changing

The One Big Beautiful Bill Act — also known as the Big Beautiful Bill, or One Big Beautiful Bill (OBBB)…

Meghen Ponder

IRS Extends Tax Deadlines in Some States Due to Natural Disasters

Last updated July 8, 2025. The Internal Revenue Service (IRS) has announced tax relief for taxpayers in areas impacted by…

Meghen Ponder

How to File Taxes After Divorce or Separation

Divorce and legal separation are never just an emotional split for married couples — it also changes your entire financial…

Meghen Ponder

Your Guide to Filing Form 1041: U.S. Income Tax Return for Estates and Trusts

Updated for tax year 2025. As the baby boomer generation ages, more taxpayers are handling estate and trust taxes for the first…

Meghen Ponder

6 Tax Moves to Make Before the Summer’s Over

Updated for tax year 2025. Summertime — the days of sun-kissed skin, juicy slices of watermelon, flip-flops, and … taxes? Taxes…

TaxAct

Guide to Social Security Taxes

Social Security benefits are crucial to many Americans' retirement plans, providing a safety net to ensure financial stability during your…

Meghen Ponder

Is Child Support Taxable? Child Support Tax Law Explained

If you're filing your taxes and have paid or received child support in the last year, you likely have some…

Meghen Ponder

What Is the QBI Deduction and How Does it Work?

Updated for tax years 2024 and 2025. You may qualify for the qualified business income deduction (QBI deduction) if you’re filing…

Meghen Ponder

Are Daycare Expenses Tax-Deductible? Understanding the Child and Dependent Care Credit

Raising kids or caring for a dependent isn’t cheap — especially when you’re juggling work or school on top of…

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