When most people think about taxes, they focus on deadlines, forms, and payments, not protections. However, the IRS Taxpayer Bill of Rights establishes clear standards for how taxpayers must be treated at every stage of the tax process, from filing and audits to appeals and...
Tax season can be stressful; that's why we're serving up another round of tax tips. We want your 2025 filing season to go more smoothly. Read on for on for tips about determining your filing status, understanding AGI, reviewing your tax withholding, and more. ...
The new year’s almost here, and that means the 2026 tax season isn’t far off. If you’re looking to make filing easier and avoid delays, now’s a good time to start getting organized. A few small steps today can help make the entire process less...
It’s easy to assume that children don’t need to worry about taxes. However, if your child earns unearned income, like dividends or interest from investments, the IRS may require them to file a tax return. There are two primary scenarios that could make this necessary....
In March 2023, the IRS issued Revenue Ruling 2023-2, which introduced a significant alteration in the way assets in irrevocable trusts are handled for tax purposes. According to the new rule, assets placed in an irrevocable trust that are excluded from the grantor's taxable estate...
All taxpayers are protected by the Taxpayer Bill of Rights, which includes the right to finality. This means you are entitled to know how long the IRS has to act on certain matters, and when a process is officially closed....
The IRS announced that there will be no changes to common payroll and reporting forms for Tax Year 2025 as part of the phased rollout of the One Big Beautiful Bill Act (OBBBA)....
Most people don’t think about their rights when they’re dealing with the IRS—but they should. Whether you’re filing a return, responding to a notice, or sorting through a more complex issue, the Taxpayer Bill of Rights outlines what you can expect from the IRS at...
Understanding the tax benefits available to military personnel, veterans, and their families can lead to valuable savings. The IRS offers several provisions tailored specifically to this community:...
Here’s what to know if you’re going through a separation or divorce. If you’ve recently separated or finalized a divorce, you’ve got a few tax-related updates to consider before the end of the year. ...
