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Trump’s Payroll Tax Cut, Explained

In 2020, economic news probably falls just behind health news at the forefront of most people’s day-to-day lives. It’s hard to ignore everything going on right now, from a pandemic to a public hea...

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A Tax Tip A Day Keeps the Teacher’s Taxes At Bay
From extra school supplies to cleaning supplies, teachers can spend several hundreds and even thousands of dollars each year on out-of-pocket expenses for their classrooms. Research indicates that teachers spend about $500 on average annually on scho...
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Taxes and Divorce: 6 Things You Need to Know
As if filing taxes wasn’t enough of a mental exercise, adding in all of the factors of a recent divorce is quite the curveball. We recommend discussing your particular circumstances with your tax professional, but get to know the basics below. Taxe...
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Don’t Miss These Upcoming IRS Deadlines
Google, Outlook, or a tried and true notepad? Whatever your preference, mark your calendars with these important tax dates. Keeping track (or failing to) can lead to a bigger refund or higher taxes! The important IRS deadlines kick off just this week...
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Unpaid Taxes: How Your Credit Score Will Take A Hit
As if having to pay taxes wasn’t stressful enough, not paying your taxes can and will affect every aspect of your financial life – and yes, we mean beyond being yet another bill to pay. How do unpaid taxes plague your finances exactly? Those ...
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Republican Tax Reform Bill: How Will It Affect You?
Looming republican tax reform has left many taxpayers wondering how and when they’ll feel the effects of the forthcoming bill. Republican lawmakers have just released their $1.5 trillion proposal for the president’s measures under the Tax Cuts an...
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Who Can I Claim as a Dependent?
Who exactly can you claim as a dependent? In recent years, families have rearranged their finances and living arrangements as a result of the state of the economy, making this an even bigger matter. It’s especially important for taxpayers because f...
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The Tax Moves Business Owners Need to Make Before Year End
When you start a new business, it’s easy to get caught up in running everything and forget about paying taxes. But you need to plan ahead to avoid a surprise in April. Business owners should make these three moves before the end of the year to ...
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Lowering Your Taxes by Saving for Retirement Now
Every U.S. citizen who pays their income taxes annually most likely wants to find ways to lower their tax bill. Luckily, however, there are some simple ways you can reduce the burden of your tax stress — and one of the best ways is to start put...
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Tax Breaks for Hurricane Victims
It has been a particularly devastating season for hurricanes across North America and beyond. People living everywhere from Puerto Rico and the Caribbean to Texas and Florida are just beginning to deal with the devastation brought to their lives, bel...
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Selling on Etsy or Ebay? Meet Form 1099-K
As the economy shifts around, businesses change, and so do your taxes. As a result, Form 1099-K is showing up more and more in taxpayers’ mailboxes. But what is it for exactly, and how do you use it to file? It’s simple, we promise. Here’s ever...
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