5 Reasons to Stop Worrying About a Tax Audit
Updated for tax year 2023. If there’s one thing many of us don’t want to see in our mailbox, it’s…
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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…
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…
Important Tax Dates and Deadlines in
Updated for tax year 2023. Get ready to mark these important dates on your calendar. Here are the most important…
Can You Claim Your Parents as Dependents?
Updated for tax year 2023. You know you can claim your kids on your income tax return. But what if…
How Annual Bonuses Are Taxed: 7 Common Questions Answered
Updated for tax year 2023. Everybody loves an annual bonus at the end of the year, but not everyone understands…
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.…
Is Unemployment Compensation Taxable Income?
Unemployment benefits can be a crucial support for those facing unexpected job loss. If you collected unemployment compensation for the…
7 Commonly Asked Small Business Tax Questions
Updated for tax year 2023. New to small business taxes and all they entail? In this article, we’ll cover some…
Form 2441 FAQs: The Child and Dependent Care Credit
Do you pay someone to care for your child or another dependent while you work or look for work? If…
How Tax Brackets Work: 2023 Examples and Myth Busting
Updated tax brackets for the year 2023. Your tax bracket shows you the tax rate that you will pay for…
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…
5 Tax Tips for Homeowners
Owning a home comes with numerous benefits, and one of them is the opportunity to claim various tax credits and…
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…
The Home Office Deduction: A Comprehensive Guide
If you work at home, you’ve probably heard about the home office deduction and its many tax benefits. But who…
What to Do After Filing a Tax Extension
If you didn’t quite finish your tax return by April 15, filing for a tax extension was a smart move.…
What to Do If You’re a Victim of Tax Identity Theft
Experiencing tax return identity theft can be a terrifying prospect. Unfortunately, it's a reality that millions of Americans face each…
What To Do If You Received a 1099-K From Your Crypto Exchange
Updated for tax years 2023 and 2024. If you engaged in crypto trading last year, it’s possible you could receive…
How to Work With the IRS to Pay Your Tax Bill
Updated for tax years 2023 and 2024. It’s no secret that tax refunds get the spotlight each tax season. But…
IRS Payment Plans: The Basics
If you find that you owe a significant amount of money to the government when filing your income tax return,…
Got a Big Tax Bill? Don’t Avoid Filing
Updated for tax years 2023 and 2024. Avoiding problems rarely leads to a satisfying resolution, and ignoring a large tax…
7 Life Events That Qualify You for Special Enrollment Period
Updated for 2024. Under the Affordable Care Act, you can usually only buy a health insurance plan, apply for subsidies…
Cows, Farming, and Taxes: What You Need to Know
Updated for tax year 2023. If you’re planning to start a farm or already running one, you should know that…
Bonus Depreciation: What It Is and How to Claim It
Being a small business owner can come with valuable tax breaks, but sometimes, navigating the complexity of small business taxes…
Guide to Adjusting Your Self-Employed Estimated Tax Payments
Updated for tax year 2023. If you are a taxpayer who makes quarterly estimated tax payments to the Internal Revenue…
The Basics of the Simplified Home Office Deduction
Updated for tax years 2023 and 2024. If you have a small business and work at home, you probably know…