The COVID-19 pandemic brought unprecedented challenges to small businesses across the United States. Business owners faced drastic revenue declines, disrupted operations, and an urgent need […]
Simple Strategies to Earn $100 in a Pinch
Life is full of surprises. Sometimes, unexpected expenses pop up out of nowhere. Whether it is a flat tire, a last-minute trip, or a bill […]
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 […]
Managing Credit Card Debt in a High-Interest Environment
When most people open a credit card account, they do so with the best of intentions. The goal is often to use the card responsibly, […]
Student Loan Refinancing Explained: 6 Essential Insights
Student loan refinancing is a financial strategy used by borrowers to manage and potentially lower the cost of their student debt. For many individuals, the […]
Form 1099-B Explained: A Guide for Investors
Form 1099-B, officially titled Proceeds from Broker and Barter Exchange Transactions, is a crucial tax document for individuals who have sold stocks, bonds, mutual funds, […]
Understanding the Impact of the Capital Gains Tax Increase
The term “capital gains” refers to the profit earned from the sale of a capital asset. These assets can include stocks, bonds, real estate, and […]
Earned Income Tax Credit: A Simple Way to Reduce What You Owe
The Earned Income Tax Credit, often referred to as the EITC, is a valuable financial tool for working individuals and families with low to moderate […]
Tracking Your Tax Refund: A Step-by-Step Guide
When tax season arrives, many individuals hope for one outcome: receiving a tax refund. A tax refund occurs when you’ve paid more in taxes throughout […]
Expert-Approved Ways to Stay Afloat in a Financial Crisis
Financial hardship can strike unexpectedly and have a profound impact on every aspect of your life. It might be triggered by events such as job […]
Tax Filing Stages Explained: Key Information You Need
Filing taxes can feel like a complex journey, but understanding each stage of the process makes it more manageable. Whether you’re an individual taxpayer or […]
A Couple’s Guide to Merging Money: 10 Essential Tips
Managing finances as a couple today looks very different from fifty years ago. In the past, it was more common for couples to marry young, […]
Garage Sale vs. Donation: Which Offers Better Tax Benefits?
When trying to declutter and make room in your home, the common options are to either hold a garage sale or donate your items to […]
Tax Record Retention Guide: What to Keep and What to Toss
Maintaining tax records is a crucial part of financial and legal responsibility for individuals and businesses alike. These records serve as evidence of your financial […]