Form 1098-T: What College Students Should Know
Understanding The Purpose of Form 1098-T IRS Form 1098-T, also known as the Tuition Statement, is an informational form issued by eligible educational institutions to report qualified tuition and related
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Unveiling the Truth: Are Taxes Unconstitutional?
The History of Taxation Taxation has a long and storied history, dating back to ancient civilizations where rulers imposed levies on their subjects to fund wars, public works, and other
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Understanding the Self-Employed Health Insurance Deduction
Who is Eligible For The Self-Employed Health Insurance Deduction? To be eligible for the self-employed health insurance deduction, you must meet the following criteria: It’s important to note that if
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IRS Publishes 2025 Tax Year Inflation Adjustments
Standard Deduction The 2025 tax year will be the final year that the standard deduction increases under the 2017 Tax Cuts and Jobs Act (TCJA). If the TCJA is not
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Missed The Tax Filing Extension Deadline? Here’s What You Need to Know
File Sooner, Not Later The IRS may not currently have you on their radar but don’t delay in filing your return. If you’re expecting a tax refund, you’ll need to
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The Truth Unveiled: Are Tax Resolution Companies Legitimate?
Understanding The Need For Tax Relief Before delving into the legitimacy of tax resolution companies, it’s essential to understand the circumstances that may necessitate seeking tax relief. Individuals or businesses
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7 Common Audit Red Flags for The Self-Employed
Although audits can occur for various reasons, certain factors may increase the likelihood of being selected for an audit by the IRS. Here are some common audit triggers for self-employed
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