Strategies to Maximize Tax-Free Earnings No one likes paying taxes, but what if there were a way to reduce the taxes you owe each year? Luckily, several tax-free income breaks can help lower your tax bill. Here are 11 of the best ways to beat the taxman. Break...
Tips for Managing Your IRS Owed Amount We know owing taxes can be a headache, especially if you don’t have a CPA or tax advisor to walk you through the process. If you fail to pay your taxes, in most cases you will only face interest or penalties, rather than going to...
What is the Student Loan Cancellation? Last month, President Biden laid out a plan to cancel up to $20,000 in federal student loan debt per borrower. Beneath this seemingly simple plan comes quite a few questions about how, exactly, it will work. Naturally, borrowers...
Understanding the IRS’s Approach to Cryptocurrency The IRS wants to know of any bitcoins or other cryptocurrencies you have. It will appear at the top of the first page of your Form 1040, below your address and name. The IRS wants to monitor crypto purchases and...
Stay Safe: Your Guide to Evading Tax Scams It can be scary to find out you’ve been the victim of any kind of scam. The world is abounding with scams from all walks of life and some of the scariest are the scams pretending to be the IRS. How on earth do you know...
