10 Effective Ways to Reduce Taxable Income
The information in this article is up to date for tax year 2024 (returns filed in 2025). Want to know how to reduce taxable income? You’ve come to the right place. This article will reveal ten effective strategies to help you save on taxes. Key Takeaways Maximize retirement...
Filing Taxes as a 1099 Independent Contractor: A Quick Guide
The information in this article is up to date for tax year 2024 (returns filed in 2025). Filing taxes as a 1099 independent contractor involves handling your own income and self-employment taxes. In this article, you’ll learn how to file taxes as a 1099, understand key...
Tax Benefits for People with Disabilities
According to the Centers for Disease Control and Prevention (CDC), around 1 in 4 adults in the U.S. live with a disability, and many face increased medical and daily living expenses. Fortunately, the tax code offers a variety of benefits specifically designed to help people with...
Unpaid Taxes: Potential Consequences and Actions to Take
The information in this article is up to date for tax year 2024 (returns filed in 2025). What happens if you prepare your tax return and realize you can’t pay the amount you owe? While it may be tempting to ignore your tax bill, paying taxes on time is crucial to avoid severe...
15 Commonly Missed Tax Deductions
The information in this article is up to date for tax year 2024 (returns filed in 2025). Tax season can be stressful, and many taxpayers are unaware of the deductions they might be missing out on. While some deductions are straightforward, others are often overlooked, resulting in...
Why Am I Not Getting a Tax Refund?
The information in this article is up to date for tax year 2024 (returns filed in 2025). We’ve all been there – eagerly waiting for that tax refund, only to find out it’s not coming. It can be frustrating, especially when you’re expecting a little extra cash. So, why aren’t you...
The Numbers Say You Owe Taxes: What to Do Next
The information in this article is up to date for tax year 2024 (returns filed in 2025). You've worked hard on your tax return. Maybe you even swore a few times during the process. But after crunching the numbers, you're met with a shocking reality: you owe taxes instead of...
Income Tax Withholding and Estimated Tax Payments
The information in this article is up to date for tax year 2024 (returns filed in 2025). Didn’t ask your employer to withhold enough taxes? You may have a tax liability on your hands due to insufficient federal tax withholding. A tax filer can end up paying more than what’s withheld...
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