What Is the Earned Income Tax Credit (EITC) and Who Qualifies?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Have you ever heard of the Earned Income Tax Credit (EITC)? If you haven’t, you may be missing out on thousands of dollars at tax time. Even though millions of people claim the EITC, around 20%...
Education Credits That Can Lower Your Tax Bill
The information in this article is up to date for tax year 2025 (returns filed in 2026). Forking over thousands of dollars to cover college expenses can be a hard pill to swallow but it does have its perks. Aside from the degree you’ll eventually earn, your expenses may qualify you...
The Student Loan Interest Deduction: A Tax Benefit for Borrowers
The information in this article is up to date for tax year 2025 (returns filed in 2026). Are you paying off student loans? The student loan interest deduction could help lower your taxable income by up to $2,500! In this guide, we’ll walk you through the basics, eligibility...
How to File Taxes for a Deceased Person: A Step-by-Step Guide
Filing taxes for a deceased person involves specific steps. This guide covers everything you need to do, from gathering documents to reporting income and paying taxes. Learn how to file taxes for a deceased person, who is responsible, and what forms you need to ensure a smooth...
Can You File Taxes for Someone Else?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Wondering if you can file taxes for someone else? You’ll be glad to know it’s perfectly legal, as long as you have their permission. Whether you’re helping a friend, family member, or...
Tax Benefits for People with Disabilities
The information in this article is up to date for tax year 2025 (returns filed in 2026). According to the Centers for Disease Control and Prevention (CDC), around 1 in 4 adults in the U.S. live with a disability, and many face increased medical and daily living expenses....
How to Avoid the IRA Early Withdrawal Penalty: Tips and Strategies
Retirement accounts like Individual Retirement Accounts (IRAs) are designed to help you save for your future. However, what happens if you need access to your IRA funds before reaching retirement age? While it can be tempting to tap into your savings, withdrawing from your IRA...
4 Tax-Free Investments to Reduce Your Tax Burden
The information in this article is up to date for tax year 2025 (returns filed in 2026). Investing is a great way to build wealth and prepare for retirement. But investing can also help you reduce your tax burden—if you know where to look. Learn how investments are taxed and what...
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