Are Moving Expenses Tax Deductible?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Are moving expenses tax deductible? For most people, the answer is no, due to changes brought by the Tax Cuts and Jobs Act (TCJA) of 2017. However, there are exceptions for...
What is Tax Deductible?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Understanding what is tax deductible can help you save a significant amount on your tax bill. Tax deductions allow you to subtract specific expenses from your income, reducing the...
Tax Tips for Your First Job: What You Need to Know
The information in this article is up to date for tax year 2025 (returns filed in 2026). Starting your first job means navigating first job taxes for the first time. This guide covers the basics: understanding paycheck deductions, filling out your W-4, and filing your...
Net Income vs Gross Income: What’s the Difference?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Gross income is your total earnings before any deductions, while net income refers to what you take home after taxes and other deductions. In this article, we’ll explain the...
New Tax Laws for 2025: Key Changes & How They Affect You
The information in this article is up to date for tax year 2025 (returns filed in 2026). The new tax laws for 2025 change tax rates, increase deductions, and adjust retirement contributions. These changes reduce your tax bill and simplify filing. Understand these...
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