Taxes
Latest Taxes News
Extra Standard Deduction for Seniors Over 65: Requirements
Turning 65 doesn’t just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors…
Standard Deduction for Married Filing Jointly: Strategy and Examples
One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize.…
Standard Deduction for Singles: Strategy and Examples
Filing taxes can feel overwhelming, but one of the most important decisions you’ll make is also one of the simplest:…
Judge Dismisses Case Against Employee Retention Credit Provider, Finding No Harm
At the peak of the pandemic, Congress established the Employee Retention Credit (ERC), a program designed to help eligible employers…
Tax Credits for Students: Tips and Strategies
Paying for college can feel overwhelming, but smart tax planning can make a real difference. The IRS offers several education…
Could Capital Gains Changes Finally Ease the Housing Shortage?
If there’s one thing everyone agrees on, it’s that housing is unaffordable. Case in point: the National Association of Home…
Taxable Income vs. AGI: Key Differences and Examples
While taxable income and adjusted gross income (AGI) might sound similar, they refer to different stages of your income after…
Capital Gains Exemption for Primary Residence: Tax Rules
Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets…
As Kids Go Back To School, Get Educated On Scams That Target Students
This month, many students—including my own kids—are heading back to school. Most of them have a cell phone (or wearable…
Sky-High 14.4% California Taxes Often Trigger Out-Of-State Moves
California has wildfires, high crime rates and plenty of government regulations. All prompt complaints from residents, but in some circles,…
