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Babies And Tax Returns: A Real (If Unlikely) Pair

The IRS doesn’t discriminate on the basis of age, not even babies. It’s one of those things that sound funny but it’s actually true; a...

How Much Does a Dependent Reduce Your Taxes?

Dependents can bring significant tax savings for you, but you have to make sure they qualify for it, so don’t go claiming every child around...

How Do I Prove Gambling Losses On My Taxes?

Gambling is full of thrills and excitement, at least for those who enjoy it. What it also comes with is tons of financial implications, and...

Car Donation Tax Deduction: A Comprehensive Guide for U.S. Taxpayers

No matter how committed you are to a cause, if someone told you “hey, donate your car!” you’d probably have some choice words for them....

What Are Dividends Now Taxed At? A Comprehensive Guide for 2025

As we’ve explained before, dividends are a form of income distribution given to a corporation’s shareholders, and are a popular choice for investors seeking passive...

Understanding Estimated Taxes

It’s safe to say that tax season is unnecessarily stressful, but at least it only comes around once a year, right? Think again.For millions of...

Understanding S Corp Taxes

S Corps taxes have some of the most unique tax advantages available to small businesses and their shareholders. In short, an S Corp is a...

Your Tax Return Is Still Being Processed: What Does It Mean?

Your tax return is still being processed, so does the online tool reads. It’s the stuff of nightmares for many. You check the IRS’s "Where’s...