(Tax Year 2024 – Filed in 2025) Overview If you’re a W-2 employee, your taxes are withheld directly from your paycheck, but that doesn’t mean you’re stuck paying more...
Introduction Many taxpayers miss out on valuable tax deductions that can significantly lower their taxable income and increase their refund. Under various sections of the Internal Revenue Code (IRC),...
Introduction If you’re making student loan payments, you may be eligible for a tax deduction that reduces your taxable income. The student loan interest deduction, outlined in IRC §...
Introduction Teachers often spend their own money on classroom supplies, professional development, and continuing education, yet many are unaware of the tax deductions and credits available to them. Whether...
Introduction Healthcare professionals, including doctors, nurses, dentists, therapists, and private practitioners, face unique tax challenges due to high income, self-employment taxes, and business expenses. Strategic tax planning can help...
Introduction The IRS Free File Program allows eligible taxpayers to file their federal tax returns for free using IRS-approved tax software. For 2025, the IRS has expanded eligibility and...