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...
Mega Millions After Taxes: What’s Your True Payout?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Winning the Mega Millions jackpot is a dream come true for many. The sheer excitement of those six magical numbers aligning can set you on a path to financial freedom. But...
10 Tax Filing Mistakes That Can Cost You Money
The information in this article is up to date for tax year 2024 (returns filed in 2025). Filing your taxes can feel like a rollercoaster ride, and every year, millions of folks hit a few bumps that lead to delays, penalties, or even audits. Yikes! But don’t...
What Is the Earned Income Tax Credit (EITC) and Who Qualifies?
The information in this article is up to date for tax year 2024 (returns filed in 2025). 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. Every year, nearly 1 in 5 eligible...
Does Your Teen Need to File Taxes for Their Part-time Job?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Taxes are usually associated with adulthood, but if you’re a teen with a job or other streams of income, you may be required to file your own taxes. (Sorry to break it to you)....
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