What is the Current Mileage Reimbursement Rate?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Looking for what is the current mileage reimbursement rate for 2025? For business use, it’s 70 cents per mile. For medical or moving purposes, it’s 21 cents per mile, and for charitable...
Is Car Insurance Tax Deductible? Find Out
The information in this article is up to date for tax year 2024 (returns filed in 2025). Ever wondered if car insurance is tax deductible? Well, we've got the answer, If you use your car for business, you might be able to write off part of your car insurance costs. However, for...
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 card interest...
Are Home Improvement Loans Tax Deductible?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Are home improvement loans tax deductible? Well, it kind of depends. If your home improvement loan is secured by your home, such as with a home equity loan or a HELOC, the interest might be...
10 States That Don’t Tax Retirement Income
The information in this article is up to date for tax year 2024 (returns filed in 2025). Retirement is supposed to be a time to relax and enjoy life, not stress over taxes. If you're looking to stretch your savings further, moving to a state that doesn't tax retirement income could...
Tax Tips for Content Creators
The information in this article is up to date for tax year 2024 (returns filed in 2025). Today, content is everywhere. And behind every piece of content is a creator. Sometimes this is a corporate brand, but increasingly digital content is produced and distributed by individual...
What States Have No Income Tax?
The information in this article is up to date for tax year 2024 (returns filed in 2025). More and more people are seeking ways to keep more of their hard-earned money. One of the most common strategies is moving to a state that doesn't impose personal income tax. As of 2024, nine...
Married Filing Jointly vs Separately: Pros, Cons, and Best Practices
The information in this article is up to date for tax year 2024 (returns filed in 2025). Deciding whether to file taxes as “married filing jointly vs separately” can have a major impact on your tax bill. This article compares the benefits, drawbacks, and scenarios where each option...
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