Out of all the filing statuses, Head of Household (HOH) is one of the most misunderstood and underutilized filing statuses among taxpayers. Keep reading to […]
What Filing as Head of Household Means for Your Taxes Read More
Adjusted gross income (AGI) is your annual gross income minus certain tax deductions. Your AGI is used to calculate how much of your income is
Understanding AGI for Married Filing Jointly Status Read More
Splitting the responsibilities of raising and caring for a child can prove challenging. But filing your taxes while co-parenting does not have to be complicated. Here’s what you need
How Shared Custody Affects Your Taxes Read More
If you are receiving unemployment compensation, it’s important to understand how it can affect your taxes. You may still have to file a tax return
Is Your Unemployment Taxable? Read More
Filing taxes after you’ve changed your name might bring up a lot of questions. If you’ve ever legally changed your name, you know that you
Filing Taxes After a Name Change and How to Legally Update Your Name Read More
Buying a home is a major investment, and it can be both exciting and challenging due to the sheer size of the transaction. You may
6 First-Time Home-Buyer Tax Breaks Read More
When you factor in all the legal, medical, and court expenses – plus any related travel and accommodations required — it’s no surprise that adoptions
The Adoption Tax Credit: Money Back for Growing Families Read More
A lot of things change as a result of a divorce, including your tax situation. You’ll need to make certain updates so the IRS can
Filing Taxes After Divorce: What Changes? Read More
This article is up to date and accounts for tax law changes for tax year 2023 (tax returns filed in 2024). Some adults may care
Rules for Claiming a Parent as a Dependent Read More
The information in this article is up to date through tax year 2023 (taxes filed in 2024). Did you sell your home this year? If
Capital Gains Tax and Exclusions on the Sale of a Home Read More
