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What You Need to Know for the 2024 Tax Season

Curious about the latest tax changes?  Don’t worry, we’ve got you covered.  We’ll highlight any tax law changes or adjustments that may affect your return, so you can continue to file...

Tax Tips for Family Caregivers

The information in this article is up to date for tax year 2023 (returns filed in 2024). More than 100 million American adults care for a child, parent, or relative. That’s 1 in 5 people providing...

3 Common Home Improvements That Qualify for Tax Deductions

The information in this article is up to date for tax year 2023 (returns filed in 2024). As a homeowner you probably have a never-ending list of things you’d like to do to your home. Maybe you want...

What are NIL Rights and What Do They Mean to College Athletes’ Taxes?

The information in this article is up to date for tax year 2023 (returns filed in 2024). College sports is a multibillion dollar industry. However, until recently, college athletes were not allowed...

Learn How to Protect Yourself From Scammers Posing as the IRS

The information in this article is up to date for tax year 2023 (returns filed in 2024). Crooks are always looking for new ways to scam unsuspecting taxpayers. Scammers impersonate the IRS by phone...

The Pros and Cons of Filing a Tax Extension

The information in this article is up to date for tax year 2023 (returns filed in 2024). Don’t miss this important tax deadline! Your 2023 federal tax return is due on April 15th,...
What Happens if You Missed the Tax Deadline?

What Happens if You Missed the Tax Deadline?

So, Tax Day came and went, and you still haven’t filed, huh?   Well brace yourself because you may have some expensive repercussions heading your way.  If you owe the IRS and missed the tax deadline, you’ll be penalized for failing to file and for not paying on time.  Plus, your...

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Refunds for $10,200 Unemployment Tax Break Start in May

Refunds for $10,200 Unemployment Tax Break Start in May

Normally when you receive unemployment compensation the full amount is considered taxable income, but the rules are different this year.  The American Rescue Plan included a new unemployment compensation exclusion to give recipients a much-needed break on their 2020 tax return.  The...

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Tips for Traveling Safely During COVID-19

Tips for Traveling Safely During COVID-19

After being stuck at home for the last year, you’re probably anxious to take a vacation.  However, the CDC recommends holding off until you’re fully vaccinated.  This is defined as 2 weeks after you've taken the final dose.  Even if you are vaccinated, you still need to take certain...

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3 Types of Debts to Avoid at All Costs

3 Types of Debts to Avoid at All Costs

Most people have some form of debt whether it’s a car, mortgage, etc.  As long as you’re making your monthly payments on time, it’s not a big deal.  It can even help build credit history and boost your credit score.  However, there are some types of debt that can quickly spiral out...

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What to Know About Coronavirus Unemployment Benefits

What to Know About Coronavirus Unemployment Benefits

The latest relief bill has expanded the unemployment benefits for millions of Americans who have been out of work since the pandemic began.  Self-employed workers and independent contractors don’t qualify for traditional unemployment benefits, but they may be eligible to receive...

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How to Claim Missing Stimulus Payments on Your 2020 Taxes

How to Claim Missing Stimulus Payments on Your 2020 Taxes

Still missing a stimulus payment?  If so, stop waiting and act now.  You’re going to need to file your 2020 tax return to get the money you’re owed.  The sooner you file, the faster you’ll get paid.  Here’s who qualifies and how to claim the missing funds.   Who was eligible...

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Amend Your Tax Return to Correct a Filing Mistake

Amend Your Tax Return to Correct a Filing Mistake

Nobody likes to make mistakes, especially when it comes to taxes. But accidents happen.  If you didn’t get your return right the first time, you can fix it using Form 1040-x, Amended U.S. Individual Income Tax Return.  You must file an amended return within three years of your...

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