Tax Strategies
The Benefits of a Tax Extension
Extend the Filing Deadline of Your Personal Tax Return Although the due date to pay your individual income taxes is April 15, you can…
AGI vs. MAGI: How to Calculate Each One
Adjusted Gross Income (AGI) and Modified Adjusted Gross Income (MAGI): When it comes to calculating your taxes, you will often hear those two different terms…
The Child Tax Credit
A Tax Break for People Who Have a Qualifying Child One of the most valuable and popular federal tax credits is the Child Tax Credit. For tax…
6 Tips to Help You Avoid an IRS Tax Audit
Although the IRS only audits about 1.1% of the over 140 million returns it receives each year, for those people who do receive an audit…
Tax Deductions for Medical Expenses
Medical expenses, especially if they are unexpected, can take a bite out of your savings. However, you may be able to find some tax relief…
The Complete Guide to the Standard Tax Deduction
Unlike itemizing deductions, which lets you pick and choose which expenses get deducted from your taxable income, the standard deduction is a set amount of…
Top 10 Tax Tips If You Sold Your Home in 2023
Have you heard of this? You might not have to pay taxes on the gain if you sell your home and make a profit. Yes,…
Where To Go If You Need Tax Help
Know Your Options for Tax Preparation Assistance Are you looking for an expert to help you with your income tax return? When it comes to…
