Self-employment is more than just working for yourself. It affects how you earn income, how you file taxes, and the types of records you need […]
IRS
Understanding IRS Form W-2: What It Means for Your Taxes
If you’ve ever received a paycheck from an employer, you’ve likely also received a Form W-2 at some point. While this document might look like […]
A Beginner’s Guide to Reporting Etsy Sales Income to the IRS
Starting a shop on Etsy is often a low-barrier way to become a small business owner. With minimal setup and access to a global customer […]
Tax Filing Made Simple: A Deep Dive Into IRS Forms, Schedules, and Deductions
Filing taxes is a responsibility shared by individuals and businesses alike, and it begins with understanding the fundamental role of tax forms. These forms are […]
Can You Claim Your Parents as Dependents on Your Taxes?
When it comes to filing your income tax return, you likely already know that you can claim your children as dependents. But what about your […]
Lending Money to Family: What the IRS Wants You to Know
Parents often help their children financially whether it’s by covering tuition, co-signing a loan, or helping with a down payment on a first home. While […]
IRS Rejected Your Tax Return? Here’s What Went Wrong and How to Correct It
Receiving a notice that your tax return has been rejected by the IRS can trigger concern and uncertainty. However, this situation is more common than […]
Gift Tax Calculator for High-Value Gifts: Avoid IRS Surprises
Gifting is a powerful tool for transferring wealth, supporting loved ones, and managing estates. But when you give something of substantial value, it’s important to […]
Filing Taxes as a Married Couple: Your Options Explained
Getting married is a major life milestone filled with joy, new beginnings, and responsibilities. While many newlyweds focus on planning a honeymoon or merging finances, […]
Strange Hustles, Serious Taxes: 5 Odd Jobs the IRS Still Cares About
The gig economy has expanded far beyond traditional freelancing or driving for a ride-share company. Today’s self-employed workforce includes people doing all kinds of weird […]