At the end of each tax year, most people enter their income and tax information into a tax service website and either celebrate getting a refund or curse having to pay even more in taxes. Wouldn’t it be nice to know how much you’ll actually owe in taxes and avoid the year-end game of tax […]

College can be extremely expensive. However, while you’re spending thousands each year for your degree, you can take some solace in knowing that there are tax credits to help offset those costs! Higher education tax credits like the American Opportunity Tax Credit and Lifetime Learning Credit allow you to deduct eligible expenses to help lower […]

Filing a tax extension gives you extra time to file your income taxes if you aren’t able to meet the April 18th, 2023 tax-filing deadline. You can get an automatic 6-month extension by filing IRS Form 4868 by the filing deadline. How Do I File a Tax Extension? You can file a tax extension by […]

How Do I File a Tax Extension? As the April 18th tax deadline quickly approaches, taxpayers begin to realize that they are running out of time to file their taxes. Instead of rushing to gather tax documents and risking making errors on your tax return, you may consider opting to file a tax extension. You can […]

How Do Quarterly Tax Payments Work? Have you ever received a payment without the taxes being taken out beforehand? If you are a self-employed or an independent contractor, this is probably a situation you’ve come across before. Unfortunately, you still have to give a portion of your earnings to Uncle Sam. You will need to […]