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When are taxes due in 2026?

When are taxes due in 2026?

Whether you’re filing as an individual, business owner, or freelancer, knowing your deadlines for 2026 can make…

One Big Beautiful Bill Act (OBBBA)

One Big Beautiful Bill Act (OBBBA)

Taxes are changing in a big way and the One Big Beautiful Bill Act (OBBBA) is packed…

How to Apply for an ITIN Successfully

How to Apply for an ITIN Successfully

The Individual Taxpayer Identification Number, commonly known as ITIN, is a unique number that plays a significant…

Get answers to common ITIN questions

Get answers to common ITIN questions

What is an ITIN? An Individual Taxpayer Identification Number, or ITIN, is a tax processing number that…

What is Earned Income?

What is Earned Income?

What is Earned Income? Earned income refers to money and compensation that you receive in return for…

What is the Earned Income Tax Credit?

What is the Earned Income Tax Credit?

Understanding the ins and outs of the Earned Income Tax Credit (EITC) is essential for anyone seeking…

Understanding the Definition of a Dependent

Understanding the Definition of a Dependent

Understanding how to claim dependents on your taxes can significantly impact your financial situation. Properly identifying and…

The Adoption Tax Credit Explained

The Adoption Tax Credit Explained

Embarking on the journey of adoption is a remarkable and heartfelt endeavor. Yet, the financial aspects of…

Navigate Inheritance Tax with Confidence

Navigate Inheritance Tax with Confidence

Navigate Inheritance Tax with Confidence Inheritance tax planning can be complex, but you don’t have to navigate…

Filing Taxes After Divorce

Filing Taxes After Divorce

Divorce brings significant changes in personal life, and the tax situation is no exception. Understanding the tax…

Joint Filing: The Tax Benefits of Marriage

Joint Filing: The Tax Benefits of Marriage

Tax season is often met with a mixture of anticipation and trepidation. But what if we told…

What are Child Tax Credits, and why are they important?

What are Child Tax Credits, and why are they important?

UPDATE FOR FAMILIES: Congress could expand Child Tax Credits this year under the Tax Relief for American…

Maximize Your Tax Savings with Itemized Deductions

Maximize Your Tax Savings with Itemized Deductions

Every tax season, taxpayers are faced with a plethora of decisions, and one of the most pivotal…

What is the Standard Deduction?

What is the Standard Deduction?

When you file your taxes, there are a plethora of deductions to contend with. But for taxpayers…

Unlocking Child Care Tax Benefits

Unlocking Child Care Tax Benefits

Every tax season, parents across the country look for ways to maximize their savings, especially when it…

Understanding Lawsuit Settlements and Taxes

Understanding Lawsuit Settlements and Taxes

Navigating the legal landscape of lawsuit settlements is complex enough, and the taxation aspect adds another layer…

Tax Tips for Active and Former Military Members.

Tax Tips for Active and Former Military Members.

Tax Tips for Active and Former Military Members. If you are an active or former member of…

Your Guide to Demystifying Tax Exemptions

Your Guide to Demystifying Tax Exemptions

Tax season can be daunting, but understanding how tax exemptions work can be your ticket to significant…

Navigating Annual Tax Filing in the U.S.

Navigating Annual Tax Filing in the U.S.

Tax season brings a common question among Americans: “Do I have to file taxes every year?” The…

Who Needs to File Schedule F?

Who Needs to File Schedule F?

Schedule F is a tax form used by individuals to report profit or loss from farming. It…

Tax Tips for Teachers

Tax Tips for Teachers

Tax Tips for Teachers Thank you to all our dedicated Teachers! We know educating today’s youth can…

A Step-by-Step Guide to Tax Credits

A Step-by-Step Guide to Tax Credits

Tax season doesn’t have to be a dreaded time of year. In fact, it can be an…

8 Steps to Amending Your Tax Return

8 Steps to Amending Your Tax Return

Tax season can be a stressful time for many individuals and families, and it’s not uncommon to…

Where’s My Amended Return?

Where’s My Amended Return?

Tax season often comes with a rush of paperwork, forms, and deadlines. It’s not unusual for taxpayers…

Are You Eligible For the SC New Tax Rebate?

Are You Eligible For the SC New Tax Rebate?

Are You Eligible For South Carolina’s New Tax Rebate? The state of South Carolina has passed a bill introducing…

Tips For Filing Your Taxes

Tips For Filing Your Taxes

Tips For Filing Your Taxes Education Expenses School isn’t cheap, so make sure you get the most…

Tennessee State Income Tax

Tennessee State Income Tax

Tennessee, known for its stunning landscapes, vibrant culture, and the sweet sounds of country music, has long…

Will I Receive a 1099-K?

Will I Receive a 1099-K?

Delay in Form 1099-K reporting threshold: The $600 threshold for payment apps and online marketplaces to report…

Tax Benefits and Credits for Gig Workers

Tax Benefits and Credits for Gig Workers

In the ever-evolving landscape of the job market, gig work has become increasingly prevalent. Whether you’re driving…

Where’s My Refund?

Where’s My Refund?

Where’s My Refund? You’ve filed your taxes, and now all you can think about is that sweet,…

What Estate Taxes Mean for Your Inheritance

What Estate Taxes Mean for Your Inheritance

Estate planning is a crucial aspect of ensuring that your hard-earned assets are passed on to your…

How Paying Student Loans Affects Your Taxes

How Paying Student Loans Affects Your Taxes

HOW PAYING FOR STUDENT LOANS AFFECTS YOUR TAXES & WHEN TO EXPECT YOUR 1098-E FORM Student loans…

Tax Tips for Homeowners

Tax Tips for Homeowners

Buying a home is one of the biggest investments you’ll ever make—and if you’re smart about it,…

How To File a Tax Extension

How To File a Tax Extension

The complexity of tax filing can sometimes make meeting the IRS deadline challenging. Whether you’re waiting on…

Tax Tips for College Students and Recent Grads

Tax Tips for College Students and Recent Grads

Navigating the complexities of federal taxes can be daunting for college students and recent graduates. However, understanding…

Cryptocurrency and NFTs — How Are They Taxed?

Cryptocurrency and NFTs — How Are They Taxed?

Cryptocurrency and NFTs — How Are They Taxed? Bitcoin, Ethereum, Tether, NFTs — regardless of your preferred…

Unlocking the Tax Advantages of Roth IRAs

Unlocking the Tax Advantages of Roth IRAs

When it comes to retirement savings, understanding the tax implications of your investment choices is crucial. A…

Why Didn’t I Get a Refund? Common Tax Refund Issues

Why Didn’t I Get a Refund? Common Tax Refund Issues

Receiving a tax refund can be a financial boost, but what if you find yourself in a…

Gross vs. Net Income

Gross vs. Net Income

Income is the cornerstone of our financial lives, but not all income is created equal. For anyone…

How to Pay Taxes As a Freelancer

How to Pay Taxes As a Freelancer

How to Pay Taxes As a Freelancer From time to time, everyone dreams of being their own…

Sole Proprietorship Filing Tips & Insights

Sole Proprietorship Filing Tips & Insights

Are you a sole proprietor wondering how your business is taxed? We’ve got you covered. In this…

Small Business Taxes

Small Business Taxes

Running a small business is one of the most involved careers one can have. Most of the…

Understanding Rental Income Taxation

Understanding Rental Income Taxation

Are you a property owner wondering about the tax implications of rental income? Whether you’re a seasoned…

Paying taxes while on the path to U.S. citizenship

Paying taxes while on the path to U.S. citizenship

It’s no secret — taxes are more complex in the United States than in almost any other…

Tax-Saving Strategies for Head of Household

Tax-Saving Strategies for Head of Household

Filing your taxes as Head of Household (HOH) can be a powerful way to reduce your tax…

How Mortgage Interest Affects Your Taxes

How Mortgage Interest Affects Your Taxes

If you’ve ever wondered whether your mortgage is just a monthly money pit or a potential tax-saving…

Can You Deduct Work-From-Home Expenses?

Can You Deduct Work-From-Home Expenses?

Can You Deduct Work-From-Home Expenses? Across the nation, remote work has boomed during the pandemic. And as…

Business Tax Returns Checklist

Business Tax Returns Checklist

Bring as many of these documents as possible to ensure a complete and accurate business tax return.…

How to Form an LLC

How to Form an LLC

When starting a business, many new owners operate as sole proprietorships. However, Because of the lack of…

Top 10 Common IRS Tax Forms for Individual Federal Tax Filing

Top 10 Common IRS Tax Forms for Individual Federal Tax Filing

1. Form 1040: U.S. Individual Income Tax Return Overview: Form 1040 is the primary form used by…

How Unemployment Affects Your Taxes

How Unemployment Affects Your Taxes

In this blog article, we’ll go over some of the critical things you need to know about…

How Do Investments Affect My Taxes?

How Do Investments Affect My Taxes?

How investments are taxed can vary depending on the type or vehicle of investment you choose. Understanding…

How Are Disability Benefits Taxed?

How Are Disability Benefits Taxed?

Disability income, also referred to as disability payments or benefits, is income provided to individuals unable to…

What is the Federal Insurance Contributions Act (FICA)?

What is the Federal Insurance Contributions Act (FICA)?

The Federal Insurance Contributions Act (FICA) is a federally-mandated payroll contribution that funds Social Security and Medicare.…

How to Reduce Your Taxes with Charitable Contributions

How to Reduce Your Taxes with Charitable Contributions

Each tax season, charitable donations rank among the most common tax deductions used nationwide, and for a good reason.…

What is Considered a “Tax Write-Off”?

What is Considered a “Tax Write-Off”?

COMMON TAX WRITE-OFFS There are multiple types of common tax write-offs, including: BUSINESS EXPENSES A staple in…

What is an Employer Identification Number (EIN)?

What is an Employer Identification Number (EIN)?

Which businesses need Employer Identification Numbers? All businesses, from single-employee small businesses to Limited Liability Companies (LLCs)…

What to Expect From Your Tax Refund

What to Expect From Your Tax Refund

It’s the part of tax season most taxpayers look forward to — getting your tax refund. But…

What is the Maximum Social Security Contribution?

What is the Maximum Social Security Contribution?

Since being enacted by President Franklin Delano Roosevelt as a means to help struggling Americans during the…

What Happens When I Take a Voluntary Leave Of Absence From My Job?

What Happens When I Take a Voluntary Leave Of Absence From My Job?

What Happens When I Take a Voluntary Leave Of Absence From My Job? While still not commonplace,…

What are the tax implications for Name Image Likeness (NIL)?

What are the tax implications for Name Image Likeness (NIL)?

NAME, IMAGE & LIKENESS (NIL) Since 2021, the NCAA has allowed student athletes the opportunity to benefit…

Was Your Refund Smaller Last Year?

Was Your Refund Smaller Last Year?

Recent tax law changes can leave many taxpayers feeling overwhelmed or confused — especially when understanding their…

Understanding Federal Income Tax Rates

Understanding Federal Income Tax Rates

The amount you owe in taxes can significantly impact your disposable income and financial goals. In this…

When to File Taxes and How to Get An Extension

When to File Taxes and How to Get An Extension

6 KEYS OF TAX DEADLINES & EXTENSIONS Filing your taxes can feel like a daunting task, but…

Net Income Calculation Guide

Net Income Calculation Guide

In the realm of personal and business finances, understanding net income stands as a pivotal cornerstone. It…

How to Deduct Expenses and Reduce Taxable Income

How to Deduct Expenses and Reduce Taxable Income

Tax Write-Offs Explained: How to Deduct Expenses and Reduce Taxable Income Navigating the intricate world of taxes…

Understanding Factors Behind Your Tax Bill

Understanding Factors Behind Your Tax Bill

Whether you’re a seasoned taxpayer or just beginning your financial journey, the complexities of tax codes can…

Maximizing Your Middle-Class Tax Refund: Top Strategies and Tips

Maximizing Your Middle-Class Tax Refund: Top Strategies and Tips

Getting the most out of your tax refund is essential for many middle-class families. In this article,…

Understanding the W-2 Form: What It Is, How to Read It, and Why It Matters

Understanding the W-2 Form: What It Is, How to Read It, and Why It Matters

When tax season comes around, there’s one document that’s absolutely crucial: your W-2 form. But what is…

Your Tax Refund Schedule: Key Dates & Tips

Your Tax Refund Schedule: Key Dates & Tips

Understanding your tax refund schedule is essential for effective financial planning. A tax refund can significantly impact…

IRS Fresh Start Program: A Lifeline for Taxpayers in Debt

IRS Fresh Start Program: A Lifeline for Taxpayers in Debt

Owing money to the IRS can be a source of immense stress for many individuals. The looming…

Deducting Medical Expenses

Deducting Medical Expenses

Navigating the complexities of medical expenses and their tax implications can be challenging. In this comprehensive guide,…

How Much Should You Earn to File Taxes?

How Much Should You Earn to File Taxes?

Understanding when to file taxes based on your income is essential. Beyond legal compliance, there’s the potential…

Solar Tax Credits Explained: How To Benefit from Renewable Energy Incentives

Solar Tax Credits Explained: How To Benefit from Renewable Energy Incentives

Harnessing the power of the sun not only contributes to a greener planet but also offers significant…

1099 Tax Calculator Explained: Top Tips & Insights

1099 Tax Calculator Explained: Top Tips & Insights

Being self-employed offers a world of freedom, flexibility, and control over one’s destiny. But with that autonomy…

Effortless Steps for Tax Success

Effortless Steps for Tax Success

Tax season can be a source of anxiety for many, but it doesn’t have to be. With…

Tax Evasion Explained

Tax Evasion Explained

Navigating the complex world of taxes is a task every adult must face. One term that often…

Determining Your Tax Bracket

Determining Your Tax Bracket

Understanding your tax bracket is integral to effective financial planning. It not only informs you of your…

How To Fill Out Your Federal W-4 Form

How To Fill Out Your Federal W-4 Form

Navigating the intricacies of income tax can be a complex task, and the Federal W-4 form is…

Is Health Insurance Tax Deductible?

Is Health Insurance Tax Deductible?

When it comes to tax season, understanding the tax implications of your health insurance can be a…

W-9 Tax Form Explained

W-9 Tax Form Explained

When it comes to navigating the world of taxes and financial transactions, the W-9 form is a…

Defining and Determining Your Tax Liability

Defining and Determining Your Tax Liability

Tax season is a perennial event, and one of the key aspects you need to comprehend is…

How Bonuses Are Taxed

How Bonuses Are Taxed

Bonuses are often an exciting component of one’s compensation, but like all good things, they come with…

Social Security Tax Explained

Social Security Tax Explained

Social Security tax is more than just a financial deduction on your paycheck. It’s a crucial contribution…

Top Guidelines for Tax Record Keeping

Top Guidelines for Tax Record Keeping

Proper tax record-keeping is essential for both individuals and businesses. Knowing how long to retain financial documents…

Simplifying Property Taxes

Simplifying Property Taxes

Navigating the realm of property tax can be daunting, but with a clear understanding, you can confidently…

How Much Should I Withhold for Taxes?

How Much Should I Withhold for Taxes?

Navigating the intricacies of tax withholding can seem daunting. However, accurately determining how much to withhold is…

Tax Deductions for Private School

Tax Deductions for Private School

For countless families, the decision to enroll their children in private schools stems from the desire to…

Tax Credits for New and Used Electric Vehicles

Tax Credits for New and Used Electric Vehicles

If you’re thinking about purchasing a new or used electric vehicle (EV), now is the time to…

When Are Moving Expenses Tax Deductible?

When Are Moving Expenses Tax Deductible?

Are you planning a move? Whether it’s for a new job, a change of residence, or other…

Tax Benefits of Home Improvements

Tax Benefits of Home Improvements

When you’re planning to enhance your home through various improvements, understanding the potential tax benefits and deductions…

Understanding Income Statements

Understanding Income Statements

What Are Income Statements? Income statements, also known as profit and loss statements or Profit and Loss…

Tax Changes and Updates for 2025

Tax Changes and Updates for 2025

As a new year unfolds, keeping up with the evolving tax landscape is paramount for optimal financial…

Filing Taxes for Deceased Relative

Filing Taxes for Deceased Relative

Losing a loved one is an emotional and challenging time. Amidst the grieving process, there’s the practical…

Maximizing Business Expense Deductions

Maximizing Business Expense Deductions

When you’re an entrepreneur, every penny counts, especially when it comes to taxes. Maximizing your business expense…

The Inflation Reduction Act Strategic Operating Plan

The Inflation Reduction Act Strategic Operating Plan

What is the Inflation Reduction Act Strategic Operating Plan? The Inflation Reduction Act Strategic Operating Plan is…

Smart Strategies to Lower Capital Gains on Property Taxes

Smart Strategies to Lower Capital Gains on Property Taxes

When it comes to selling property, understanding the ins and outs of capital gains tax can make…

Service Professionals’ Taxation Toolkit

Service Professionals’ Taxation Toolkit

If you work in the service industry and earn tips, it’s crucial to understand how tips are…

Decoding Schedule C (Form 1040): Your Business Tax Guide

Decoding Schedule C (Form 1040): Your Business Tax Guide

If you’re a sole proprietor or freelancer, chances are you’ve come across the Schedule C (Form 1040),…