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In the wake of the Covid pandemic, businesses were economically disadvantaged during the various phases of lockdown. Halfway through 2020, the paycheck protection program (PPP) became functional. Learn all about the tax implications of the PPP loan, forgiveness, expenses, and more in our guide here. Read more
Depending on your taxable income, you can land in one of seven different federal income tax brackets – each with its own marginal tax rate. Learn the difference between each bracket, what amount of tax is owed, and more in our easy guide. Read more
Learn how and when to take itemized deductions, plus what exactly you can itemize to slash your tax bill this tax season. Read more
Stock investments are taxed in varying percentages based on the status of the investor. Get a full breakdown of taxes on stock, how to pay, and much more. Read more
Will working from home change tax deductions? Many employees working from home ask this question in view of the expenses now incurred in setting up a home workspace. Learn how WFH will change your tax return this year. Read more
Making a error while filing your taxes is perhaps the perfect definition of "a costly mistake". Take note of these top 10 most common tax filing errors to avoid paying extra this year. Read more
Tax liability is important to every business owner and individual with an income. Although tedious, tax must be calculated and paid. Ensure to estimate to have a near accurate tax liability and pay promptly. Read more
Whether a professional tax preparer or an accountant will prepare your tax returns, it's vital to keep in mind that there is a tax preparing fee. What are tax preparation fees, and how are they calculated? Are fees deductible, what what is the average tax preparation fee? Our informative insight on tax preparation fees will suit your business and personal tax return requirements. Read more
Filing taxes doesn’t have to be complicated. We’ll tell you the what, where, how, and why of filing your IRS Tax Form 1040. Read more