Form 1099-G: What It Is and How to Use It
Did you receive Form 1099-G this tax year? Here’s everything you need to know about this important tax form and…
I’m Married, What Filing Status Should I Choose?
Updated for tax year 2025. Your wedding day is one of the most exciting and memorable days of your life.…
5 Tips for Spouses of Taxpayers Receiving Disability Income
Updated for tax year 2025. If your spouse receives disability benefits, it's very likely that your financial situation has also…
What Is the IRS Augusta Rule?
Have you ever considered temporarily renting out your home for additional income but decided against it because of the tax…
How to Tell If You’re a Household Employee
If you work as a caregiver in someone’s home — as a babysitter, nanny, pet sitter, or nurse, perhaps —…
8 FAQs About the Earned Income Tax Credit (EITC)
Updated for tax year 2025. The Earned Income Tax Credit, also called the EITC or EIC, is a tax credit designed…
The STR Loophole Explained: What Short-Term Rental Owners Need to Know
You may have seen influencers raving about the short-term rental tax loophole (also called the STR loophole or Airbnb® tax…
How to Pay Yourself as a Business Owner
Navigating the ins and outs of owning a business can be difficult, especially as a small business owner. With limited…
Guide to Form 8832: Entity Classification Election Explained
When an eligible entity, such as a limited liability company (LLC), is formed, the Internal Revenue Service (IRS) may automatically declare your entity…
Does South Dakota Have State Income Tax?
South Dakota does not impose a state personal income tax, meaning you won’t receive a South Dakota tax refund, and…