What Is Non-Taxable Income?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Non-taxable income is income that you do not have to pay federal or state taxes on. Common examples include financial gifts, scholarships, and certain disability benefits. Knowing what is...
A Guide to Claiming Mileage on Taxes
The information in this article is up to date for tax year 2024 (returns filed in 2025). Looking to claim mileage on taxes and save money? This guide shows how to accurately deduct miles for business, medical, or charitable purposes. Learn which method to use and how to keep proper...
What are Tax Write Offs and How Can They Help You?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Want to know what are tax write offs and how they work to save you money? Tax write-offs, also known as tax deductions, are expenses that reduce your taxable income, thereby lowering your tax...
IRA vs. 401(k): What’s the Difference?
Retirement investing has significant tax benefits and financial implications now and in the future. That’s why it’s important to understand your options. IRAs and 401(k)s are popular tax-advantaged retirement savings accounts. But they have key differences in investment...
Do You Have to Pay Taxes on Sports Betting?
Are you betting on the Super Bowl this year? If so, you're not alone. Sports betting is now legal in 38 states plus Washington D.C., and with the rise of legal sports betting sweeping the nation, more and more people are joining in on the action. But how does sports betting affect...
How to Save Money When Online Grocery Shopping
A good alternative to wandering the aisles at your local supermarket is to buy your groceries online. While you do have to be mindful of delivery fees and slightly higher prices, online grocery shopping can help manage food costs. There are tricks you can use to keep your grocery...
9 Ways to Simplify Your Financial Life
Managing your finances can feel overwhelming, especially when you're trying to juggle multiple goals at once. It's easy to get caught up in strict budgets or ambitious plans that end up leaving you stressed out and unsure where to start. The key to simplifying your financial life is...
Married Filing Separately: Is It Right for You?
Considering the married filing separately tax status? This option lets each spouse file their own tax return. It’s not as common as filing jointly, but it can be advantageous under certain conditions. In this article, we’ll explore exactly what married filing separately means, when...
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