Tax Strategies
Life Events That Can Impact Your Taxes
A change in life circumstances, whether good or bad, can affect your tax return. >> Start Your FREE E-file Here are some instances where you will…
Tax Tips To Report Your Hobby Income
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/hobby.mp4"][/video] Is your favorite pastime classified as a business or a hobby? Here’s how the IRS sees it. Millions of people enjoy…
How to Handle a Federal Tax Lien
A tax lien is a claim against property that the government uses to protect its interests in tax debt. The IRS will place a lien…
Tax Breaks for Parents
Raising a child is expensive, but you can partially offset some of the expenses by utilizing tax deductions and tax credits that are available to…
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
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_AGI_and_MAGI.mp4"][/video] Adjusted Gross Income (AGI) and Modified Adjusted Gross Income (MAGI): When it comes to calculating your taxes, you will often hear…
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…
