You might be surprised to hear that over 1.1 million international students are currently studying in the United States. What probably won’t surprise you is […]
IRS
IRS Tax Scams Explained: What to Watch For and How to Stay Safe
A tax scam is a form of fraud where criminals attempt to deceive individuals into providing sensitive personal or financial information or paying money under […]
Filing a Tax Extension? Here’s Why It Doesn’t Delay Your IRS Payment Deadline
Tax season often brings a sense of routine for many individuals, especially those accustomed to preparing their own tax returns. However, unexpected scenarios can quickly […]
2023 Federal Tax Updates: Key Inflation Adjustments You Need to Know
Every year, the Internal Revenue Service makes inflation-related adjustments to several tax provisions to account for rising prices and to ensure that Americans are not […]
New Rules for 2024 Home Office Deduction: IRS Updates You Need to Know
The home office deduction continues to be an essential tax benefit for many self-employed individuals and small business owners. In 2024, the rules governing this […]
Avoid These 8 Common Tax Mistakes This Filing Season
Filing your annual tax return is one of the most important financial tasks individuals and families undertake each year. However, even seasoned taxpayers are prone […]
Claiming Your Parents as Dependents: What You Need to Know
When filing your income tax return, dependents often bring to mind children. However, the IRS also allows you to claim certain relatives as dependents, including […]
How to Handle Taxes When You Start a Side Hustle
Starting a side hustle in 2023 may have been a financial necessity or an opportunity to supplement your primary income. Regardless of why you started, […]
IRS Late Tax Penalty Waiver Explained: Who Qualifies and How to Apply
In response to the significant changes introduced by the Tax Cuts and Jobs Act, the IRS announced expanded penalty relief for individuals who underpaid their […]
Claiming Wildfire Losses on Taxes: Updated California Deadlines and Deductions
The 2025 wildfire season in Southern California brought significant damage and disruption to the lives of many, particularly in Los Angeles County. Recognizing the hardship […]
Top Reasons Your IRS Tax Refund Was Delayed Last Year
For many Americans, the tax season of 2020 brought unexpected delays. Individuals and families who filed their returns early anticipated quick processing and prompt refunds. […]
High-Impact Tax Benefits That Could Increase Your IRS Refund
Tax season can be stressful for many Americans, but it doesn’t have to be that way. If you understand the tax code and plan ahead, […]
IRS Payment Options: A Guide for Taxpayers
Tax season often brings a sense of anticipation for many taxpayers expecting a refund. However, a significant number of individuals face the opposite reality: they […]
Unexpected Income the IRS Wants You to Report
Many individuals are familiar with the most common forms of taxable income. Salaries, wages, freelance income, and profits from selling investments are all widely understood […]
A Guide to Navigating Taxes During Financial Hardship
The Internal Revenue Service is probably the last place people expect to find help during financial hardships. However, certain provisions within the IRS code offer […]