Recent Posts
Beware Of Ghost Tax Preparers: Five Warning Signs You Shouldn’t IgnoreOctober 26, 2026 - 3:12 pmSuspected “ghost preparers” were tied to nearly $179 million in potentially fraudulent tax refunds. Here are five warning signs to watch for before trusting someone with your return.
You Don’t Have To Itemize To Deduct Charitable Donations In 2026October 19, 2026 - 2:40 pmBeginning in 2026, taxpayers who take the standard deduction may deduct up to $1,000—or $2,000 for married couples filing jointly—in qualifying charitable cash contributions.
Bought A New Car? You May Be Able To Deduct The Loan InterestOctober 12, 2026 - 8:31 pmA new federal tax deduction could allow eligible taxpayers to deduct up to $10,000 a year in interest paid on qualifying new-vehicle loans. But not every car or buyer qualifies.
New Education Freedom Tax Credit Begins In 2027: What Taxpayers Should KnowOctober 5, 2026 - 7:13 pmA new federal tax credit beginning in 2027 could provide taxpayers with up to $1,700—or $3,400 for married couples filing jointly—for qualifying contributions to scholarship organizations.
Paid To Care For A Family Member? Here’s What the IRS Says About TaxesSeptember 28, 2026 - 5:01 pmThe IRS recently reminded taxpayers that family caregivers who are paid for their services may have income-reporting requirements, and the tax treatment can depend on whether the caregiver is considered an employee or is providing caregiving services as a business.
Received An IRS CP53E Notice? Here’s What It MeansSeptember 21, 2026 - 4:18 pmMillions of taxpayers received unfamiliar IRS CP53E notices during the 2026 filing season. Here’s what the notice means, why it was sent and what to do if you receive one.
IRS Highlights Free Direct Pay Option Ahead Of September Estimated Tax DeadlineSeptember 14, 2026 - 7:51 pmWith the September 15 estimated-tax deadline approaching, the IRS is reminding taxpayers about a free way to make federal tax payments directly from a bank account.
2026 Child Tax Credit: What Families Need To KnowSeptember 7, 2026 - 9:26 pmThe Child Tax Credit remains an important tax break for families in 2026, but income limits, refundability rules and identification requirements can affect how much taxpayers receive.
What Are The Tax Rates For Different Types Of Retirement Income?
Your IRAs, pensions, taxable accounts and Social Security distributions create various tax implications. So, it’s vital to understand them and implement strategies to reduce your tax liability and maximize your retirement funds.
IRS Tax Refunds Scam: Beware Of Fake IRS Letter Trying To Steal Your Identity
The IRS issued a statement explaining what to look out for with the latest tax scam that is being used to steal people’s identities. The aim of the scam is to make people believe that they are owed a tax refund by the IRS, when they’re not.
Joe Biden Lays Out New Student Debt Relief Plan After Supreme Court Ruling
The 6-3 decision from the Supreme Court dealt a blow to an estimated 40 million borrowers who had hoped the $430bn plan would allow the 2003 Heroes Act to help curb the ongoing costs of their education. President Biden promised to now turn to the Higher Education Act of 1965 to restore student debt relief and to enact a 12-month repayment program.