Save Big with the Home Office Tax Deduction: Here’s How
The information in this article is up to date for tax year 2024 (returns filed in 2025). If you work from home, you could be leaving money on the table when it comes to your taxes. The home office tax deduction is a great way to save big, but many people aren’t sure...
6 Red Flags That Will Trigger an IRS Audit
Many people view the IRS as this big powerful monster that can garnish your wages and seize your assets. The reality is that IRS audits rarely happen. Out of over 161 million tax returns that were filed last year, less than 1% were audited. The best way to stay out of...
Filing Taxes After a Name Change
The information in this article is up to date for tax year 2024 (returns filed in 2025). If you were married or divorced and changed your name last year, be sure to notify the Social Security Administration (SSA) before you file your taxes with the IRS. If the name on...
What Are the Penalties for Filing Taxes Late?
The information in this article is up to date for tax year 2024 (returns filed in 2025). The April 15th tax deadline will be here before you know it. If you haven’t filed your taxes yet, there is still time. But what happens if you miss the due date and file taxes...
How Are Bonuses Taxed?
The information in this article is up to date for tax year 2024 (returns filed in 2025). We’ve all been there: you’re excited to see a bonus in your paycheck, thinking about all the things you can do with the extra cash. But then, reality hits when you notice how much...
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