Never Mind April 15: It’s Tax Time Now! It’s halfway through the year, which is a great time for taxpayers to do a quick check to make sure they’re on a smooth track to next filing season, advises the...
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It’s Not Too Early To Start Planning For Next Year: Check Withholding Now Even though the tax filing deadline for tax year 2025 is in the rearview mirror, it’s not too early to start planning for next filing season....
Top Tax Scams for 2026 The IRS has released its annual “Dirty Dozen” list of tax scams to educate taxpayers about tax and finance fraud — especially identity theft schemes. The outreach effort reminds taxpayers, businesses and tax professionals...
The Costs of Owning a Home According to the American Community Survey by the U.S. Census Bureau, the median monthly ownership costs for U.S. homeowners with mortgages stood at $2,035 in 2024. That figure is up nearly 7% from...
Are Children Still Dependents After They Turn 17? Each year, parents can claim a child tax credit for each of their children who is under 17. This is a valuable credit, worth up to $2,200 for each child 16...
Is the Earned Income Tax Credit Right for You? According to the IRS, as of December 2023, approximately 23 million workers and families received a total of $57 billion through the EITC. This tax credit is refundable, meaning you...