Tax guidance and resources

Latest Articles

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  The adoption tax credit: How to qualify for up to $17,280 off your tax bill

  The adoption tax credit can go a long way to reducing the costs of adopting a child. While it’s not refundable, you can carry it forward to future tax returns.

  3 min read Apr 15, 2025
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  Trump tariffs latest updates: 20% tariff on electronics from China rallies stock market

  Trump has launched an all-out trade war. Here’s the latest on what’s happening with tariffs — and what it all means for your wallet.

  15 min read Apr 14, 2025
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  Tax documents checklist: A rundown of statements you’ll need to file your tax return

  Don’t miss these important tax statements, which will arrive via email or snail mail.

  7 min read Apr 14, 2025
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  Time is running out to claim more than $1 billion in unclaimed tax refunds from 2021

  The IRS has more than $1 billion in unclaimed tax refunds for 2021. The deadline is fast approaching to claim yours.

  3 min read Apr 14, 2025
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  Schedule C: Who has to file it and how it works

  Schedule C is for sole proprietors, including freelancers and independent contractors, to report their income and expenses.

  3 min read Apr 14, 2025
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  The 1099 tax form: A guide for freelancers and contractors

  Many taxpayers receive a Form 1099 at tax time. Here are the common types of 1099s, and what to do if you get one.

  5 min read Apr 13, 2025
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  Here’s what happens if you don’t file your taxes

  The consequences of not filing your tax return vary depending on whether you owe a tax bill or are expecting a tax refund.

  5 min read Apr 12, 2025
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  How to set up a payment plan with the IRS

  Setting up a payment plan with the IRS is easy to do in most situations, and it can save you money in the long term.

  3 min read Apr 12, 2025
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  What to do if your tax refund is wrong

  You got a tax refund that’s less, or more, than you expected. Here’s how to deal with it.

  7 min read Apr 12, 2025
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  Mistake on your tax return? Form 1040-X to the rescue

  If you made a mistake on your tax return, Form 1040-X will help you fix it.

  4 min read Apr 12, 2025
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  Tax credits are a valuable tool to trim your tax bill — here’s how they work

  Tax credits can help you save big on your taxes. Here’s how they work and how to qualify.

  6 min read Apr 11, 2025
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  IRS underpayment penalty: Here’s how to avoid getting hit with this tax fine

  You may get hit with an IRS underpayment penalty if you don’t pay enough in taxes throughout the year. Here’s how to avoid it.

  3 min read Apr 11, 2025
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  Last-minute tax guide 2025: Here’s what you need to know if you haven’t filed yet

  The April 15 tax deadline is fast approaching. Here’s what you should know to file your taxes this year.

  6 min read Apr 11, 2025
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  IRS Direct File: File your taxes for free — for now

  The popular IRS Direct File program, which lets you prepare and file your federal return for free, is up and running, for now.

  4 min read Apr 10, 2025
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  The additional child tax credit: What it is, who qualifies and how to claim it

  The additional child tax credit can mean an extra $1,700 in your pocket, if you qualify.

  4 min read Apr 10, 2025
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  2024-2025 Standard deduction: How much it is, how it works and when to claim it 

  The standard deduction is a valuable tax benefit, and one of the easiest to claim. Here’s what you need to know.

  5 min read Apr 09, 2025
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  Do I have to file taxes? Here’s how to figure out if you should file a tax return

  If your income hits a specified level, you’re required to file a tax return. But it can make sense to file no matter what your income.

  6 min read Apr 09, 2025
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  Hit hard by the AMT? Here are 7 ways to avoid it, or least reduce how much you owe

  While it was designed to catch wealthy tax avoiders, the AMT may snare many others too.

  5 min read Apr 09, 2025
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  Earned income tax credit (EITC): What it is, income limits and more

  This popular tax break can be worth up to $8,046 for some families in 2025, but it can be tricky to claim.

  4 min read Apr 08, 2025
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  The home office deduction: Who qualifies and how to calculate it

  The home office tax deduction can trim your tax bill, if you qualify for it.

  4 min read Apr 08, 2025