What Are Self-Employment Taxes?
There are no avoiding taxes and if you want to avoid a tax audit, it’s important to file your self-employed taxes right the first time....
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- May 18
Got A Tax Bill From Unemployment Benefits?
Unemployment is taxed for recipients at the federal level. How much you pay will depend on your unique tax bracket and how much taxable...
- May 17
3 Tips That Can Maximize Your Tax Refund That You May Not Know
No taxpayer wants more tax liability. As a matter of fact, taxpayers would much rather receive a tax return that could stuff their...
- May 16
I Just Moved To A Different State. Do I Pay Double State Taxes?
If you moved last year from one state to another, you probably had even more work to do because you had to register to vote and get a new...
- May 13
How Much Do Stock Taxes Add To My Bill?
When you buy or sell stocks, you must pay capital gains taxes. The amount you'll owe is determined by the number of your earnings and how...
- May 12
10 Medical Expenses You Can Deduct
If your eligible medical expenses exceed 7.5% of your AGI, you are allowed to deduct medical expenses. If you or your dependents have...
- May 11
No Sign Of Your Tax Refund?
Did you make any mistakes when you were filing your taxes this year? You may owe the IRS money, or have unfiled years or back taxes. Any...
- May 10
Need To Pay The IRS? Here Are Some Options To Send Your Payments
When you've completed your tax return and discover that you owe money, it's never good news. You do, however, have a few options for...
- May 10
Tips On How To Prevent & Remove Tax Liens
A tax lien is a claim against your assets and property. A tax levy is the result of an unpaid tax lien. You will receive an official...
- May 9
Can I Claim My Parent As A Dependent?
When a person begins to care for their parents, the IRS permits them to claim their parents as dependents on their tax return. Find out...
- May 6
How Do Want Your LLC Taxed On Your Tax Return?
Taxes are the most important factor to consider when forming and choosing a corporate entity. Your business entity structure has a direct...
- May 4
What Is A Luxury Tax?
A luxury tax is often seen as a progressive tax because it targets a certain demographic of wealthy taxpayers and only applies to...
- May 3
Should Every State Adopt The Flat Tax System?
Iowa, Mississippi, and Georgia passed legislation to make the switch this year to flat income taxes. Arizona cleared the way with a...
- May 2
Understanding The Difference Between Direct Taxes vs Indirect Taxes
Direct taxes are non-transferable taxes paid to the government by the taxpayer, whereas indirect taxes are transferable taxes in which...
- Apr 29
Solutions To Keep Taxpayers Safe From Identity Theft
Tax identity theft robs people of their personal data, tax returns, and all the time and effort they put into filing a clean return. Tax...
- Apr 28
Did You Report Your Cryptocurrency Taxes?
Is there even such thing as cryptocurrency tax? If you're interested in cryptocurrency, it'll be beneficial for you to understand how the...
- Apr 27
How Can I Subdue The Amount of Taxes On A Divorce Settlement?
Divorce is bound to raise significant financial concerns. You could be wondering how to leave a marriage with no money or how a divorce...
- Apr 26
How To Use Your Tax Refund To Its Full Potential
Did you receive a tax refund for the year 2021? This year's average is around $3,000 per person. No matter how much you've collected, the...
- Apr 25
Received An Unexpected Bill? It May Be Time To Adjust Your Withholdings
According to financial experts, it may be time to change your withholdings if you received a surprise tax bill during this filing season....
- Apr 22
Biden's 2023 Budget Shy Away From The Pandemic & Taxes On The Ultra-Rich And Corporations
The Biden administration proposes extra spending in the budget that it argues will drive economic growth and job creation, as well as a...