Tax Tips for the Unemployed: What You Need to Know
The information in this article is up to date for tax year 2024 (returns filed in 2025). In November 2024, the U.S. Bureau of Labor Statistics reported that 7.1 million people were unemployed. Losing your main source of income can be devastating. However, your new tax status may...
Tax Prep Checklist: Essential Tax Documents Needed to File Taxes
The information in this article is up to date for tax year 2024 (returns filed in 2025). Filing your own taxes doesn't have to be a nightmare. It can be fast and easy if you're well prepared. A tax prep checklist is a great way to ensure you file an accurate tax return and...
Beginner’s Guide to Common IRS Forms
The information in this article is up to date for tax year 2024 (returns filed in 2025). If taxes feel overwhelming, you’re in good company. In fact, Albert Einstein himself once said, “The hardest thing in the world to understand is the income tax.” And no wonder–there are dozens...
How to Choose the Best Filing Status for Your Taxes
The information in this article is up to date for tax year 2024 (returns filed in 2025). When it comes to filing your taxes, determining the right filing status is more than just deciding whether you're single or married. It’s an important choice that affects how much tax you’ll...
Can You Really Prepare and File Your Taxes for Free?
The information in this article is up to date for tax year 2024 (returns filed in 2025). At tax time, you’re bombarded with ads for free tax returns. It’s everywhere – your TV, billboards, social media, and even the Super Bowl. Even if you’ve never tried online tax filing before,...
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9 Common Tax Filing Errors to Avoid [+Checklist]
The information in this article is up to date for tax year 2024 (returns filed in 2025). Making mistakes on your tax return can delay the IRS processing, cause a refund delay, or even result in a painful audit. Fortunately, avoiding common tax errors is simple if you know what to...
The Pros and Cons of Filing a Tax Extension
The information in this article is up to date for tax year 2024 (returns filed in 2025). Don’t miss the tax deadline! Your 2024 federal tax return is due on April 15, 2025. If you expect a tax refund, it’s best to file early so you can receive your refund faster. However, if you...
When Are Taxes Due? Tax Deadlines You Need to Know
The information in this article is up to date for tax year 2024 (returns filed in 2025). Keeping track of tax deadlines is key to avoiding penalties and making sure you get your full tax refund. If you miss important dates, like the deadline to file taxes, you could end up paying...
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