IRS Form 1040 is the standard federal income tax form used by United States taxpayers to report their income, calculate their tax liability, and determine […]
Author: Erik Wilson
IRS Refund Delays: What Early Filers Need to Know
Each year, millions of Americans choose to file their income tax returns early with the expectation of receiving their refunds quickly. However, for many early […]
HSA vs. FSA: Key Tax Differences Explained
When considering personal finance and health care planning, one often-overlooked area of tax savings is the use of tax-advantaged health accounts. Two of the most […]
Understanding the Child Tax Credit (CTC)
The Child Tax Credit is a significant federal tax benefit designed to assist families with the financial responsibility of raising children. It provides eligible taxpayers […]
Divorce and Taxes: A Guide to Filing Separately or Jointly
Divorce and separation affect more than your relationship status. They also change your financial life in significant ways, particularly when it comes to taxes. Your […]
Cost Basis Explained: How to Calculate It Step by Step
When it comes to selling investments or assets, understanding how to calculate cost basis is essential for accurate tax reporting and determining whether you owe […]
Handling Stimulus Payments Sent to the Deceased
The federal government issued multiple rounds of stimulus payments to support Americans during the COVID-19 pandemic. These payments, officially referred to as Economic Impact Payments, […]
Six Simple Ways to Pay Your Tax Bill on Time
When you file your income tax return and discover that you owe the government, you are expected to make a payment by the federal filing […]
2025 Colorado State Refund: When and How to Expect It
Colorado taxpayers anticipating a refund for the 2024 tax year may find themselves asking when their money will arrive. Whether you’re filing as an individual, […]
A Complete Guide to the First Round of Stimulus Payments
The first stimulus payments, officially named Economic Impact Payments (EIP), were a central part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed […]