If you have sold goods online or received payments through third-party services such as Venmo, Cash App, PayPal, or Square, you are likely to be […]
Author: Erik Wilson
Home Office Utility Deductions: What You Can and Can’t Claim on Your Taxes
When it comes to tax season, many self-employed individuals seek out every available opportunity to reduce their taxable income. One such opportunity lies in the […]
W-2 Form Basics: Why It’s Important and How It Affects Your Return
Each year, millions of employees across the United States receive a form known as the W-2. This form serves as a comprehensive summary of the […]
Step-by-Step Guide to Filing IRS Form 8962 for Health Insurance Tax Credits
Filing your federal income tax return can feel overwhelming, especially when it involves reconciling health insurance benefits like the Premium Tax Credit. If you or […]
How to Check Your 2025 South Carolina State Refund Status Online
Filing a state income return can feel like a routine task, but waiting for a refund often brings a different level of concern, especially if […]
Understanding Form 1099: An In-Depth Introduction for Taxpayers
Form 1099 is a foundational element in the U.S. information reporting system. It plays a critical role in capturing and reporting income that does not […]
Form 1099-A and Your Taxes: How to Report Foreclosed or Abandoned Property
If you have gone through foreclosure, had property repossessed, or abandoned real or personal property used as security for a loan, you may receive Form […]
A Complete Guide to Bonus Depreciation and How to Claim It on Your Taxes
When managing taxes as a small business owner, it’s essential to understand which deductions you’re eligible for. One tax-saving opportunity that can make a meaningful […]
What Is Inheritance Tax and How Does It Affect Your Estate?
Dealing with financial matters after the passing of a loved one can be overwhelming. One of the more confusing aspects involves understanding inheritance tax obligations. […]
Top Tax Breaks for Married Couples and How to Claim Them
Getting married brings many life changes, including how you handle your taxes. The decision between filing jointly or separately affects your standard deduction, eligibility for […]