Taxes

What to Do If You Haven’t Been Paying Quarterly Taxes Find out what you should do when you haven't been paying your estimated quarterly taxes, especially when you may not be able to pay owed taxes all at once. Lance Cothern Rebecca Lake 5 Costly Last-Minute Tax Mistakes to Avoid. Before you know it, the April tax deadline will be right upon us. Get a leg up... Lance Cothern Who Can You Claim as a Dependent on Your Tax Return? When you’re filing your taxes, you’ll need to know who you can claim as a... How to File Taxes as a College Student For college students, taxes can be a complex subject. Learn what you need to know about filing taxes for the first time. Find out which IRS tax forms are going to be most relevant for you as a college student and young adult. See the necessary advice that will help you during the process of filing a tax return. John Csiszar Do You Have to Report Income Earned From a Hobby? Many Americans also have hobbies which earn them extra income every now and then, but in the eyes of the IRS, what is the difference? Shirley Pulawski Lance Cothern What Happens If You Miss the October 15th Extended Tax Filing Deadline? Earlier in the year, you realized that you would not be able to file your tax... Lance Cothern What is the Retirement Saver's Tax Credit? Do You Qualify? Saving for retirement may seem difficult or impossible if you don’t have a high... What You Need To Know About ABLE Accounts Learn all about how ABLE accounts work for people who have disabilities and seek out tax-advantages for their healthcare expenses. Lance Cothern The Differences Between Health Savings Accounts vs. Flexible Spending Accounts Learn about the differences between health savings accounts and flexible spending accounts to compare which one offers more tax savings on healthcare expenses. Kevin Mercadante Nicole Dieker How Do Changes to the Mortgage Interest Deduction Affect Homeowners? The bigger your mortgage, the more interest you’re probably paying on your debt.... John Csiszar How to File Taxes When You Live and Work in Different States Most workers have a job in the same state where they live. In fact, to many... How to Manage Estimated Quarterly Taxes as a Freelancer Find out when you are considered a freelancer or self-employed, which means you have to pay estimated quarterly taxes on your income. Learn about the IRS rules regarding any fees, fines, and penalties for missed tax payments. Compare the different options that you have to pay your estimated quarterly taxes. Aja McClanahan What to Do If You Didn't File Taxes on Time Find out what you should if you missed the IRS deadline for filing your tax returns. Learn about when it matters and when it doesn't -- depending on whether you are getting a tax refund or owe taxes. See the steps that you should take immediately to avoid penalties and fees. Shirley Pulawski Ben Luthi The Gift Tax: Do You Have to Pay Them? The gift tax may be one of the least understood provisions of the tax code. It... Thomas (TJ) Porter What is a Flexible Spending Account and Should You Use One? Health insurance and healthcare are some of the most complicated and stressful... What to Do If You Haven’t Filed Past Tax Returns Take the necessary steps in this guide to help you with tax returns that you failed to filed in previous years. Find out what the rules are for tax refunds on old tax returns and for any owed taxes (fees and penalties). Learn what you can do if you cannot afford to pay back any back taxes. Thomas (TJ) Porter Should You Take Out a Personal Loan to Pay Your Taxes? When you cannot afford to pay the IRS, find out whether a personal loan can help you when you owe taxes. Learn about the costs and penalties of failing to pay your taxes and the IRS payment plan. Compare that situation to borrowing with a personal loan to avoid those higher costs, especially if the interest rates are lower. Valencia Patrice Higuera Paul Sisolak How To Protect Yourself From The 12 Most Dangerous Tax Scams of 2024 You go to file your income taxes with the hopes of getting a nice, big refund this... Paul Sisolak How to Handle a Tax Bill That You Cannot Afford Whether you’ve prepared your tax return already or just getting around to it, you... Last Minute Tax Deductions to Take Right Before Tax Day Find out which tax deductions are still available to tax filers who want to reduce their tax bill right before tax day. This means making contributions to tax-deferred accounts that still allow contributions between January 1st and tax day. Learn how much you can deduct and other IRS rules that apply. Thomas (TJ) Porter 10 Best Ways to Use Your Tax Refund in 2024 Find out the best ways to use your tax refund money, such as savings, investing, and spending wisely. Thomas (TJ) Porter Dan Rafter 5 Signs You’ll Be Audited By the IRS Worried about an audit from the IRS? You should be. Receiving an audit... Rebecca Lake 5 Common Tax Filing Myths Debunked There are lots of misconceptions floating around about the best moves to make when... How to Avoid Probate and Use a Living Trust Use a living trust to protect the property and wealth you've saved up by avoiding probate. That way you can leave more to your family and loved ones. Jeff Yoncich What Is a 529 Plan? What Are the Tax Advantages? Learn the different types of 529 plans each with their own unique advantages and where to sign up for the plans. Katherine Muniz Debbie Dragon 12 Reasons You Haven’t Received Your Tax Refund If you’re lucky enough to receive a tax refund this year, you’re probably eager to... Lance Cothern How to Itemize Deductions on Your Tax Returns Itemizing your taxes can seem a little scary at first. This is especially true if... How to File Your Tax Returns for Free Learn about the different ways that you can file your tax returns for free, depending on your financial situation. Debbie Dragon