Having kids changes a lot of things (well, everything), taxes included. Even if your baby is born on December 31st, you can claim them in April for the 2016 last year. Read below to learn about tax changes for new parents, now and in the future. Tax ...
If you’re not a natural-born citizen, the IRS taxes you a bit differently. If you hail from another country, depending on when you moved to the U.S., the IRS may tax you in three different ways. Learn which one applies to you as a dual-status alien...
Miscellaneous can mean pretty much anything, right? Well you don’t use Form 1099-MISC for reporting any and every income necessarily. So it creates confusion for taxpayers. Read below to gain some clarity on the form, and how to use it come tax...
As a millennial, you’re probably in the middle to late stages of starting your career, with some student loans, perhaps on the lookout for a better job, and may even have a mortgage. Like other age groups, there are some tax credits and deductions ...
On November 8th, millions of Americans voted on measures to decide where our tax dollars are going, and what’s getting taxed. In 35 states, there were 154 statewide ballot measures! Unfortunately, we can’t go through every result, but a few made ...
Having to file your taxes twice sounds like a nightmare from the Twilight Zone. Luckily, if you make a mistake or leave something out on your return, the IRS has made it as simple as possible with Form 1040X, the amended tax return. Before you start ...
The competitive job market has driven many to go back to school to join the fleet of post-high schoolers. This fall, an estimated over 20 million students will attend college. To offset some of the growing cost of college, the IRS has made available ...
The following series will address frequently asked questions. From the most pressing general questions about what to claim, to specific issues applying to niche groups of taxpayers, we have all of the answers to common questions covered. This questio...