How Standard and Itemized Deductions Work
An introduction to the standard and itemized deductions that all taxpayers should know, as well as the established rates for 2023 and 2024.
2024 – 2025 Income Tax Brackets
Taxes are based on a stair-stepped tax rate system with different rates on different income segments. 2024 rates are provided
5 Key Signs Your Tax Preparer May Be Scamming You
The increase in tax return filings has led to a rise in tax preparer fraud, affecting vulnerable individuals. To prevent fraud, seek professional, licensed tax preparers who are transparent and encourage client involvement. To that end, here are five signs that you may want to check on your return (or find a new preparer).
Which Tax Form Meets Your Needs
An Introduction to the various personal and corporate income tax returns required by the IRS
American Opportunity Credit
The American Opportunity Credit is a credit for post-secondary costs applied to decrease the taxes owed by a student, their spouse, and/or a dependent. The credit is designed to help qualifying low to moderate income persons cover the significant fees related to post-secondary education.
2022–2023 Standard and Itemized Deductions
An introduction to the standard and itemized deductions that all taxpayers should know, as well as the established rates for 2022 and 2023.
2022 – 2023 Income Tax Brackets
An introduction to income tax brackets that all taxpayers should know, as well as the established rates for 2022 and 2023.
Medical Expenses Checklist
Qualifying medical expenses paid out of pocket can be deducted on taxes for taxpayers who itemize their deductions. With dozens of potential expenses to consider, we offer a starting point in the checklist below. Here, you will find some of the most commonly identified expenses as listed in the IRS Publication 502.