Do You Qualify for a Tax Credit for the Elderly or Disabled?
As you get older or face disabilities, managing your finances can become a bit more challenging. But here’s some good news: The Tax Credit for the Elderly and Disabled helps lower income taxes for qualifying individuals. By paying less taxes, you’ll be able to keep...
How to File State Taxes: A Simple Step-by-Step Guide for Success
The information in this article is up to date for tax year 2024 (returns filed in 2025). Wondering how to file state taxes? This step-by-step guide covers everything you need to know, from understanding your state’s tax rules and meeting deadlines to choosing the best...
Can I Claim My Parents as Dependents?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Yes, you can claim your parents as dependents on your tax return, but there are specific IRS criteria you’ll need to meet. In this guide, we’ll walk you through the...
What is the Current Mileage Reimbursement Rate?
The information in this article is up to date for tax year 2025 (returns filed in 2026). Looking for what is the current mileage reimbursement rate for 2025? For business use, it’s 70 cents per mile. For medical or moving purposes, it’s 21 cents per mile, and for...
Is Car Insurance Tax Deductible? Find Out
The information in this article is up to date for tax year 2024 (returns filed in 2025). Ever wondered if car insurance is tax deductible? Well, we’ve got the answer, If you use your car for business, you might be able to write off part of your car insurance...
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