Blogs

How to Write Off Car Expenses When You’re Self-Employed
With your vehicle playing a key role in your business or self-employment activities, you may be able to reduce your tax burden by

Can I Change My Existing IRS Payment Plan?
Change in your financial situation can make your current IRS payment plan difficult to manage. Fortunately, you have options to modify your existing

Will The IRS Take Action Faster The More Tax Debt You Have?
Over time, you may wonder if the IRS will act more quickly as your tax debt increases. The IRS prioritizes cases based on

IRS Whistleblower Office celebrates National Whistleblower Day
It’s important for you to understand how the IRS Whistleblower Office plays a vital role in exposing tax noncompliance and promoting fairness in

IRS Letter 725-B: What It Means and How to Respond
IRS letter 725-B notifies you about a scheduled meeting concerning unfiled tax returns and any unpaid balance you might owe. You will find

5 Self-Employed IRS Tax Forms Every Freelancer Must Know
5 Self-Employed IRS Tax Forms You need to understand which IRS tax forms are necessary to accurately file your self-employment taxes. Navigating tax

How Child Support Affects Your Taxes
Over time, understanding how child support intersects with your taxes can help you manage your finances more effectively. You might wonder if child

Is Unemployment Compensation Taxable Income?
Just because you receive unemployment compensation doesn’t mean it’s free from taxes. If you’ve recently filed for unemployment benefits, you might be wondering

Can Homeschoolers Save on Expenses With 529 Plans?
529 plans offer a tax-advantaged way to save for education expenses, but you might wonder if they can help cover homeschooling costs. Currently,

IRS Form 1310: How to Claim a Tax Refund for a Deceased Person
There’s a specific process you must follow to claim a tax refund on behalf of someone who has passed away, and IRS Form

What Does It Mean to Be In a Zero Tax Bracket?
You might think everyone pays taxes once they earn income, but being in a zero tax bracket means you could owe no federal

Got IRS Notice CP5071? Here’s What to Do
Getting a letter from the IRS can be stressful, especially when it’s labeled CP5071. If you recently opened your mailbox and saw this