New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
To better understand what's happening behind the scenes, I asked ChatGPT to help break down how the IRS decides which tax ...
Retirement comes with many financial surprises. One of them is how tax regulations change once you cross that magical ...
Legal sports betting is common across the U.S. However, gambling winnings are considered taxable. Brush up on IRS rules, ...
Tax Tip Tuesday explains the new “no tax on tips” deduction and who qualifies. This new deduction is taken in addition to the ...
Side gig income can be a great way to boost cash flow. But as a gig worker, you may be unaware that the money you make is fully taxable.
There are steps people can take to avoid prolonged waits for a deceased loved one’s tax refund.
Explains why U.S. citizens and resident aliens must report global income and how exclusions apply. The key takeaway is that living abroad does not remove U.S. filing ...
Are HOA fees tax-deductible? A CPA explains when you can write them off and when you can't. Because, honestly, it just ...
Searchers have discovered the wreck of a luxury steamer that sank in a Lake Michigan gale in the late 19th century, completing a quest that began almost 60 years ago.
Quarterly estimated taxes are required when you earn income that doesn't have taxes automatically withheld. This most commonly affects self-employed workers, freelancers, and people who earn ...
The Internal Revenue Service has announced the IRS Tax Filing Deadline 2026. Now the tax filing last date is close hence all ...