Filing your taxes can get complicated when income comes from sources beyond a traditional job. Form 1099-MISC, Miscellaneous Information, plays a significant role in helping […]
How to Legally Reduce Your Taxable Income and Avoid Higher Brackets
If your earnings vary from year to year, you might be surprised by a larger-than-expected tax bill. This often happens when a higher income pushes […]
Child Tax Credit vs. Additional Child Tax Credit: What’s the Real Difference?
When filing taxes as a parent or guardian, one of the most valuable credits you may encounter is the Child Tax Credit. For many families, […]
Ultimate Guide to Tax Filing Deadlines for Small Business Owners
Navigating tax obligations is an essential responsibility for every small business owner. Missing critical tax deadlines can result in financial penalties, interest charges, and increased […]
Understanding IRS Payment Plans: How They Work and Who They Help
Many taxpayers face the stress of owing more in taxes than they can afford to pay immediately. When this happens, the IRS offers payment plan […]
Claiming the Used and New EV Tax Credits: A Full Breakdown
Switching to an electric vehicle can bring more than just environmental benefits. Federal tax incentives can significantly reduce the cost of owning an electric, plug-in […]
How to Accurately Complete Form 1120-S for Your S Corporation
Form 1120-S is the U.S. Income Tax Return for an S Corporation, a tax document that pass-through entities file annually with the Internal Revenue Service […]
Step-by-Step Guide to Calculating Your Self-Employment Tax
If you’re self-employed in any capacity, whether full-time or part-time, you’re responsible for paying self-employment tax. This tax is applied to net earnings and goes […]
Best Steps to Pay Off Your Income Tax Bill Quickly and Legally
Owing money to the Internal Revenue Service can come as a shock, especially if you were expecting a refund or had no idea you’d underpaid […]
Why More Investors Are Buying Gold Coins — And Should You?
In a world dominated by digital wallets and fast-paced online investing, the idea of holding a gold coin in your hand might feel oddly outdated. […]
Sole Proprietorship or LLC? How to Choose the Best Business Structure
When starting a business, selecting the appropriate structure is one of the most critical early decisions. The structure you choose directly affects your tax responsibilities, […]
Georgia 2025 Tax Refund Timeline: When and How to Expect Your Refund
As the 2025 tax season approaches, many Georgia taxpayers are eager to find out when they can expect to receive their state income tax refunds. […]
Where’s My Pennsylvania State Refund? 2024 Guide to Checking Your Status
As the 2024 tax season progresses, Pennsylvania residents are focused on understanding the status of their state tax refunds and the rules that shape their […]
Understanding IRS Form 1065: Tax Filing Tips for Partnerships
IRS Form 1065, titled U.S. Return of Partnership Income, is a crucial form used by partnerships to report their financial performance to the Internal Revenue […]
Boost Your Tax Refund by Maximizing Charitable Donation Deductions
Charitable giving is a powerful way to support causes you care about while potentially reducing your tax liability. In the United States, the tax code […]