Understanding the Mortgage Interest Deduction
The Mortgage Interest Deduction allows homeowners to reduce their taxable income by the amount of interest paid on a qualified… Read more
Tax Law Changes
Did Tax Reform Change the Deductions for Your Home Office?
The Tax Cuts and Jobs Act (TCJA) of 2017 eliminated the miscellaneous deduction for home office expenses for tax years… Read more
Need-to-Know Tax Reform
The Tax Cuts and Jobs Act took effect in 2018. Some of the changes outlined in the act are permanent, while others will expire… Read more
Getting Ahead on Your 2020 Federal Income Tax Return
The year 2020 has been full of unprecedented circumstances, some of which may affect… Read more
What to Know About Capital Gains and Losses
What are capital gains and losses?
A “capital asset” describes everything you own for personal use (not business)… Read more
What is Form 1099-NEC?
There is a new tax form, 1099-NEC, used to report non-employee compensation paid in 2020. Beginning with tax year 2020,… Read more
How to Estimate Your Tax Refund
The information in this article is up to date through tax year 2019 (taxes filed in 2020).
With TaxSlayer’s Refund… Read more
Understand Your Taxes: What Changes After Divorce
The information in this article is up to date through tax year 2020 (taxes filed in 2021).
A lot of things change as a result… Read more
Open Enrollment Dates for Obamacare
The Affordable Care Act was designed to make health insurance available and affordable for millions of Americans who did… Read more
Before and After Tax Reform: How a Baby Affects Your Taxes
The information in this article is up to date through tax year 2019 (taxes filed in 2020).
Your tiny addition to the family… Read more