Tax guidance and resources

Latest Articles

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  Taxes on traditional and Roth IRA and 401(k) withdrawals: What you should know

  Retirement accounts such as Roth and traditional IRAs and 401(k)s are a great way to save, but mind the tax rules on withdrawals.

  7 min read Apr 28, 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 26, 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 26, 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 25, 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 25, 2025
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  Tax withholding: How to adjust what’s withheld from your paycheck for taxes

  If you got a big tax bill or refund, consider adjusting how much money is withheld from your paycheck for taxes.

  5 min read Apr 25, 2025
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  Missed the tax deadline? Here are your best next steps

  If you haven’t filed your taxes yet, don’t panic. But do consider these steps to avoid penalties and interest.

  4 min read Apr 24, 2025
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  Is credit card interest tax-deductible?

  Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money borrowed to purchase investment property qualifies for a deduction.

  3 min read Apr 23, 2025
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  How to calculate taxes on an inherited annuity

  Here are key things to know about inherited annuities and how to calculate taxes.

  3 min read Apr 22, 2025
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  Charitable contributions: How to get a tax deduction for your donations

  You can get a tax break for charitable contributions of money and other items. Here’s what you need to know.

  6 min read Apr 18, 2025
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  What is adjusted gross income (AGI), and why does it matter?

  Your adjusted gross income, or AGI, is your gross income minus a handful of items. Here’s how it works.

  3 min read Apr 17, 2025
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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 17, 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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  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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  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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  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