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A Basic Guide to Depreciation for Small Businesses

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As a small business owner, you can deduct depreciation that your…
small business owner hiring an accountant and shaking hands

Top 7 Reasons You Need to Hire an Accountant

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Many Americans take advantage of online tax platforms and do…
application for unemployment benefits on a desk with a pen on top

Are Unemployment Benefits Taxable?

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If you were one of the millions of Americans who received unemployment,…
pencil in hand pointing to a list of itemized deductions on a tax form

When Should I Itemize Tax Deductions?

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The standard deduction is the simplest way to do your taxes,…
women organizing tax forms on the floor

What Basic Documents Do I Need to Do My Taxes?

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If you have several avenues of income or lots of opportunities…
figuring estimated tax with blocks, notebook, and coffee

Do I Need to Pay Estimated Tax to the IRS?

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If you are a small business owner or independent contractor, you probably need to pay estimated tax each quarter. Here is a guide to this obligation.
woman who is a remote worker sitting at a computer

What Are the Tax Implications of Working Remotely?

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Many Americans have now shifted to a remote work environment. What does the change mean for your taxes?
tax relief

What Is the IRS Taxpayer Relief Initiative?

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Millions of Americans still owe billions to the IRS in back taxes, interest, and penalties, but the Taxpayer Relief Initiative offers some assistance.
2021 taxes

What Tax Provisions Expired in 2020?

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Many tax provisions introduced in the CARES Act were set to expire at the end of 2020. Which lapsed and which were extended?
charitable donation

What the Special $300 Charitable Deduction Means for 2020 Taxes

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The CARES Act includes a special provision that allows taxpayers to deduct up to $300 in charitable contributions. Learn more about who and what qualifies.
business vehicle

Drive Down Your Taxes with These Vehicle Deductions

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Car and truck expenses can be confusing on your tax return. What…
COVID-19 and the Home Office Deduction

COVID-19 and the Home Office Deduction

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Roughly a third of Americans are still working from home because…