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What is an APR (and How Is It Different From an Interest Rate)? Annual Percentage Rate Document Credit

What is an APR (and How Is It Different From an Interest Rate)?

You may have seen the term APR while applying for a new credit card. It officially stands for Annual Percentage Rate. Whether you are a first-time credit card user or a long-time card holder, the term APR is one you need to understand. The term APR is often interchangeable with annual interest rates (AIR), though […]

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5 minute read

IRS Launches Portal To Help “Gig Workers” With Their Taxes Gig Workers Looking at Phone on Delivery Bike Taxes

IRS Launches Portal To Help “Gig Workers” With Their Taxes

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. […]

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2 minute read

Things You Should Know Before Donating to Charity Donating on Tablet at Coffee Shop Taxes

Things You Should Know Before Donating to Charity

Donating to charity is a popular way to help your community. It can also deliver tax savings, but only if you donate to a reputable aid organization. Some donors don’t do their due diligence before contributing. That leaves them on the hook for taxes they thought they were going to avoid. Even worse, their money […]

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5 minute read