Tax-Advantaged Accounts Explained: 401k, IRA, HSA, and More Tax-advantaged accounts represent one of the most powerful yet underutilized tools in personal finance. Despite their significant benefits, many Americans leave substantial money on the table each year by not maximizing these opportunities. Understanding how these accounts work and strategically using them can literally save you tens […]
No matter what time of year it is, you need to think about how to save money on your taxes. Taxes are a big deal, and it can leave you wondering if you’ll get a refund or have to scramble to pay Uncle Sam. The good news is that even if you’ve already earned a […]
art of being an American is looking toward Tax Day with either dread or anticipation — no matter how far out it is. Will you have to cut a check to Uncle Sam, or will you get a plump refund? Tax deductions can tip the scales — a lot — meaning you’ll end up sending […]
There is a lot to know when it comes to filing taxes. Our complete guide for the 2024 tax year (filing in 2025) should help. How Much Do You Have to Make to File Taxes? Making more money is, in almost every way, a good thing. But it’s also true that the more money you […]
It’s that time of year again — tax season. Wondering where to start? Overwhelmed by advertising promises for tax prep help and wondering where to find free tax filing? Don’t dive in — or pay up — until you check out these options for filing your taxes for free. If you live in a state […]
You may be frantically searching for your tax forms, organizing your receipts, figuring out how much it’ll cost you to file and trying to remember the most recent updates to the tax code. Tax season can be stressful… to say the least. Thankfully, some smart software companies have made the process way easier — and, […]
Filing taxes late can feel stressful, even if you plan to ask for an extension. The deadline to request a tax filing extension is Tax Day, which is April 15. The extension gives you until Oct. 15 of this year to submit your forms how you normally would. Hopefully, you knew that an extension doesn’t apply to […]
A CP05 notice from the IRS arrives in your mail. That’s scary – nobody wants to receive a letter from the IRS. A CP05 notice means the IRS is reviewing your tax return. Is it time to panic? Not really. Go ahead and open the letter and read it. In many instances, no action is […]