Tax

While estimating and filing your personal taxes for the year may seem overwhelming, the process is actually quite straightforward using the IRS 1040-ES form. Estimating your personal taxes allows you to be financially prepared for the year ahead of you. In this overview, we provide a simple breakdown of how you can estimate your personal taxes for […]

Today’s seven tax brackets tax your income between 10% and 37%. Learn about federal tax brackets, marginal income tax rates and how TCJA changed personal income tax. Individual federal tax brackets assign tax rates to non-business tax filers based on their income levels. The incomes of today’s individual filers . In 2020, those brackets start […]

Many Americans miss out on claiming applicable tax deductions every year! Check out our guide to common tax deductions so you can be more prepared next year. Most people hate doing their taxes. It’s a complicated process, and you’re confused the entire time about whether you’ve done them correctly or not. But when done right, […]

If you have recently started a small business, take advantage of tax deductions to keep more of your money in your pocket (or reinvested back into your business). Read on to find out what you can write off on your next return. Entrepreneurship can be a rewarding, profitable challenge. However, taxes are an inevitable factor […]

The IRS offers many benefits for tax-paying property owners and business owners after a natural disaster hits. Discover what specific tax breaks you’re eligible for. When a natural disaster strikes, your first thought is usually the safety of you and your family. But as a result of a natural disaster, people can experience a devastating […]