Taxes

As the world grinds to a figurative standstill in the wake of a global health crisis, two things remain certain: death and taxes. However, you’ll have a bit of a reprieve from the Internal Revenue Service this year if you owe money. The government announced this week that most Americans will get a 90-day extension […]

The IRS will happily tell you every single year that you should file your taxes as soon as possible. Many of us do exactly that. However, there’s always those procrastinators who leave everything to the last minute. Whether they are trying to ignore a coming tax bill or just bad at time management, the IRS […]

The Internal Revenue Service (IRS) is finally recognizing the gig economy. And making your income taxes much easier to fill out and file. The IRS has officially launched its first ever Gig Economy Tax Center. It’s an online portal that aims to help gig workers, freelancers, and independent contractors prepare and file their annual taxes. […]

You’re well within your rights to use every available legal avenue to reduce your tax bill. Tax credits and tax deductions are both powerful instruments for achieving this. However, many laypeople only have an incomplete or vague understanding of what they are and how they work. You’ll need to develop a deep understanding of these […]