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…
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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…
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.…
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…
How a Summer Job Affects Your Taxes
Updated for tax year 2024. A summer job is a great way to add extra money to your bank account. Whether…
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…
What to Do After Filing a Tax Extension
If you didn’t quite e-file your tax return by the April 15 tax filing deadline on Tax Day, filing for…
What is the Child Tax Credit (CTC)?
If you're a parent or caregiver, you've probably heard about the Child Tax Credit (CTC). It’s one of the biggest…
What is the Additional Child Tax Credit (ACTC)?
As a parent or guardian filing taxes, you’ve likely claimed the Child Tax Credit (CTC). But what happens if the…
Child Tax Credit vs. Additional Child Tax Credit: What’s the Difference?
The Child Care Tax Credit and the Additional Child Care Tax Credit are different, but you can take advantage of…
How Your Summer Plans Could Impact Next Year’s Tax Return
There’s no need to pretend — we know tax planning wasn’t exactly at the top of your summer to-do list.…
Comprehensive Guide to Filing Taxes as a Gig Worker
Welcome to the exciting world of the gig economy, where flexibility meets opportunity — and more tax obligations. The gig…
IRS Extends Tax Deadlines in Some States Due to Natural Disasters
Last updated April 21, 2025. The Internal Revenue Service (IRS) has announced tax relief for taxpayers in areas impacted by…
5 Self-Employed IRS Tax Forms
Updated for tax year 2024. If you’re even a moderately successful freelancer, you likely know must file a tax return…
Weird Gigs, Real Taxes: 5 Odd Jobs with Taxable Income
So, you’ve found a side hustle to bring in extra income — maybe it involves dog walking, livestreaming your video…
6 Smart Ways to Invest Your Tax Refund This Year
Updated for tax year 2024. Got a big tax refund this tax season? You're not alone. Many American taxpayers see…
Annuities and Taxes: What You Need to Know
If you’ve ever looked into ways to build retirement income, chances are you’ve stumbled across annuities. But then you probably…
8 Things to Know About an IRS Notice
If you receive a letter this year from the IRS, don’t be alarmed. After every tax season, the agency sends out…