Which Charitable Items Are Tax-Deductible?
What is a Charitable Contribution? Per the IRS, a “charitable contribution is a donation or gift to, or for the use of, a qualified organization. It is voluntary and is
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Common IRS Notices & How to Handle Them
Why Did The IRS Send Me a Notice? There are various reasons why the IRS may send you a formal notice or letter by mail, including: But, beware! Scammers are
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Can I Sue My Tax Preparer?
Can You Sue Your Tax Preparer for Negligence? There are instances where a tax preparer’s actions (or lack of) may be grounds for a lawsuit. Depending on the situation, you
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How to Claim The Student Loan Interest Deduction
The student loan interest deduction can reduce your taxable income by up to $2,500. See if you qualify and learn how to claim it.
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How Long Can The IRS Collect Back Taxes?
The IRS Collection Process and Timeline When you fail to pay your taxes on time, the IRS doesn’t immediately seize your assets. The collection process begins with a series of
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Major Tax Changes Coming in 2026 Under the “One Big Beautiful Bill Act” (OBBBA)
Higher Standard Deductions For 2026 The standard deduction is increasing again under OBBBA, helping to simplify filing and reduce taxable income for millions of Americans. Filing Status 2025 Standard Deduction
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The Widow’s Penalty: How Losing a Spouse Can Raise Your Taxes
What Is the Widow’s Penalty? The widow’s penalty refers to the higher taxes and reduced benefits that often affect surviving spouses after their partner’s death. When a widow or widower
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