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Education

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…


President Biden’s SAVE plan is not entirely tax free

 The new income-driven repayment plan (IDR) proposed by President Joe Biden (known as the SAVE plan) may be able to forgive some student loans…


Minor Question: Are Minors Exempt From Tax Withholding?

If minors don't get taxes taken out, can I be 18 again? Yes, if a dependent child earns income, they will have their state and…


Is Student Loan Forgiveness Taxable? – Why your IRS federal tax returns hold the answer

What is the New Federal Student Loan Forgiveness Plan? As of August 24, 2022, the Biden Administration announced a three-part plan to cancel certain amounts…


How to File a Tax Return: Get Started Here

   Time for a tax return to basics. Form 1040: How to File a Tax Return You have several options for filing your federal…


Tax Deductions for Student Loan Interest

By making a federal student loan payment, you’re eligible to deduct a portion of the interest paid in your federal tax return for this year.…


Taxes & Education

Offset the Cost of Education By Claiming These Tax Breaks on Your 1040 Return Everyone knows that education costs money and tuition is expensive. However,…


Cryptocurrency Taxes

 When you hear cryptocurrency, your mind may automatically jump to big names like Bitcoin and Ethereum. What you may not think of is taxes.…