The Social Security Administration announced a 2021 Cost of Living Increase of 1.3% on Oct. 13, 2020. Whether you’re currently working or enjoying retirement, here’s how you may be affected.
During retirement, your wealth needs to last for the rest of your life. Avoid paying more taxes than you need to by keeping these 4 tips in mind throughout the year.
Receiving unemployment compensation is a huge help. But an unexpected tax hit? Not so much. Here, we go through 3 ways you can take control of your taxes if you claimed unemployment benefits during COVID-19.
Hoping for a home office tax deduction while you work remotely because of the pandemic? Learn all about this complex tax policy before you take action.
IRS inflation adjustments are meant to ease federal taxes for taxpayers. It pays to know the most recent changes, which you can use to prepare for the 2020 tax year.
The tax filing deadline was recently extended to July 15, 2020 amidst the COVID-19 pandemic. We've rounded up everything else you need to know before filing your taxes this year.
Between state and federal regulations, discover how you can navigate inheritance tax from deductibles to gift tax.
Are you an independent contractor or self-employed? We get it, taxes can be daunting. Here's the lowdown on the most common (and valuable) tax deductions freelancers should be aware of.
Understanding the taxes you and your business will owe is crucial to proper year-round bookkeeping. Curious what types of taxes to look out for in the upcoming year? Here are 8 business taxes you might owe in 2020.