What Are the Penalties and Interest for Filing Taxes Late?
The information in this article is up to date for tax year 2023 (returns filed in 2024). The April 15th tax deadline is fast approaching. If you haven’t filed your taxes yet, there is still time. But what happens if you file taxes late? If you're under 65 and earned less than...
Charitable Contributions Deduction: Save More When You Give
The information in this article is up to date for tax year 2023 (returns filed in 2024). Giving isn’t just good for your soul–it can actually be good for your taxes. If you donated money in 2023, you may be able to deduct those contributions from your tax bill under the charitable...
7 Ways to Pay Your Tax Bill
The information in this article is up to date for tax year 2023 (returns filed in 2024). Tax Day is around the corner. And while most filers actually receive a refund, if you belong to the small group of people who owe the IRS, it’s best that you file early to ensure everything is...
Reduzca sus impuestos hasta $1,000 con el crédito al ahorrador
La información de este artículo está actualizada para el ejercicio fiscal 2023 (declaraciones presentadas en 2024). Si está ahorrando para la jubilación, puede optar a una desgravación fiscal de hasta $1,000. Esto es gracias al Crédito por Aportaciones Cualificadas de Ahorro para la...
The Best Money-Saving Tax Credits and Deductions
The information in this article is up to date for tax year 2023 (returns filed in 2024). Want to save a lot of money on your taxes? Taking some time to familiarize yourself with available tax credits and deductions can help you save thousands of dollars on your tax...
6 Things You Didn’t Know Were Tax Deductions
The information in this article is up to date for tax year 2023 (returns filed in 2024). Want to avoid owing a large amount of money at tax time? Make sure you take advantage of every tax deduction you can! We know that the tax laws are confusing and it can be hard for the average...
5 Common Reasons for Not Receiving a Tax Refund
The information in this article is up to date for tax year 2023 (returns filed in 2024). If you were expecting a refund this year but didn’t receive one, there could be a few reasons why. Your refund may simply be delayed or, you didn’t qualify for a refund at all. Below we’ll...
What is Adjusted Gross Income (AGI)?
The information in this article is up to date for tax year 2023 (returns filed in 2024). Adjusted gross income (AGI) impacts your eligibility for specific deductions, credits, and programs, and helps determine your overall tax liability. Here’s a quick breakdown of what AGI is, how...
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