Can I Claim My Parents as Dependents?

Can I Claim My Parents as Dependents?

The information in this article is up to date for tax year 2024 (returns filed in 2025). Yes, you can claim your parents as dependents on your tax return, but there are specific IRS criteria you’ll need to meet. In this guide, we’ll walk you through the...
How to Stop Living Paycheck to Paycheck

How to Stop Living Paycheck to Paycheck

Living paycheck to paycheck can feel like you’re constantly treading water—no matter how hard you work, there’s always just enough to cover the basics, with little left for savings or emergencies. If you’ve ever found yourself wondering how to break this cycle, you’re...
Is Credit Card Interest Tax Deductible?

Is Credit Card Interest Tax Deductible?

Is credit card interest tax deductible? Generally, the interest you pay on personal credit card debt cannot be deducted from your taxes. However, if the interest is from business-related expenses, it can be. This article explains the specifics of when and how credit...