Understanding FICA Taxes

Understanding FICA Taxes

The information in this article is up to date for tax year 2024 (returns filed in 2025). Your tax liability is largely determined by your tax withholdings throughout the year and the tax credits and deductions you’re eligible for. A significant portion of your tax...
Who Can I Claim as a Dependent?

Who Can I Claim as a Dependent?

The information in this article is up to date for tax year 2024 (returns filed in 2025). One of the most common tax questions out there is, “Who can I claim as a dependent?” If you’re a taking care of a child or helping out other relatives...
Are Scholarships Taxable?

Are Scholarships Taxable?

The information in this article is up to date for tax year 2024 (returns filed in 2025). Scholarships are often seen as a saving grace for students who need help covering tuition and other college expenses.  Scoring a scholarship can reduce the amount you need to...