Tax Documents Checklist
- Want to rent out that spare bedroom? Here is how it may affect your taxes.
- Settling Your Back Taxes: Checklist
- Charitable Giving Deduction 2026: How the One Big Beautiful Bill Changed the Rules
- Bitcoin and Cryptocurrency Taxes
- What Are Capital Assets, Gains and Losses? A 2026 Guide
- The Average IRA Balance for a Person Approaching Retirement in 2026
- Are Trump Account Contributions Subject to Gift Tax? What the IRS Says
- What are the IRS Fillable Forms?
- Are My Alimony Payments Tax Deductible or Taxable Income? A 2026 Guide
- How to Verify Your Identity with the IRS: AGI, Self-Select PIN, and IP PIN
- Adopting a Child: What the Adoption Tax Credit Means to You, Updated for 2026
- How the 2018 Tax Reform Bill Simplified the Filing Process, and Where It Stands Today
- The Affordable Care Act and Your Taxes: What to Know in 2026
- Trump Accounts: Tax Benefits and What Families Should Know
- How to File an Amended Tax Return: 2026 Update
- The 2018 Tax Reform Bill (Known as the “Tax Cuts and Jobs Act”), Updated for 2026
- How to File a Tax Extension: 2026 Guide
- 5 Red Flags That May Trigger an IRS Audit
- What You Need to Know About Electronic Tax Payments Since the IRS Is Phasing Out Paper Checks
- IRS Direct File software: What happened to it & what should you do if you used this last year?
- States Where the IRS Has Extended the Tax Deadline
- Health Savings Plan Distributions & 1099-SA
- Did you receive a state or local refund last year?
- Do I need to report my Social Security benefits?
- Who can take the Retirement Savings Contributions Credit? (Savers Credit)
Want to rent out that spare bedroom? Here is how it may affect your taxes.
Renting out a spare room can create taxable rental income, but the rules depend on how many days you rent and where the property is located. This guide explains federal reporting rules, occupancy taxes, deductions, and what hosts should track before filing.
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Settling Your Back Taxes: Checklist
Back taxes can lead to penalties, interest, liens, levies, and other collection actions if left unresolved. This checklist explains what to gather before applying for an Offer in Compromise and what options may be available if you cannot pay the IRS in full.
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Charitable Giving Deduction 2026: How the One Big Beautiful Bill Changed the Rules
Charitable deduction rules changed for 2026, including a new deduction for taxpayers who take the standard deduction and a new 0.5% AGI floor for itemizers. This guide explains how charitable contributions are deducted, what limits apply, and how to claim the tax benefit you qualify for.
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Bitcoin and Cryptocurrency Taxes
Cryptocurrency is treated as property by the IRS, which means selling, exchanging, or using it can trigger capital gains or losses. This guide explains how Bitcoin and other digital assets are taxed, what forms to use, and what changed for the 2025 tax year.
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What Are Capital Assets, Gains and Losses? A 2026 Guide
Capital gains tax applies when you sell an investment or other capital asset for more than you paid, while investment losses may help offset gains. This guide explains short-term and long-term capital gains, 2026 tax rates, loss deductions, and how to report sales on Form 8949 and Schedule D.
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The Average IRA Balance for a Person Approaching Retirement in 2026
How does your IRA balance compare as retirement approaches? See the latest average and median retirement savings by age, including traditional and Roth IRA benchmarks for 2026.
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Are Trump Account Contributions Subject to Gift Tax? What the IRS Says
Trump Account contributions may qualify for the annual gift tax exclusion under new IRS safe harbor guidance for individual donors. This guide explains when Form 709 is not required, how the $19,000 annual exclusion applies, and what happens if gifts to a child exceed the limit.
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What are the IRS Fillable Forms?
The tax season can be stressful, requiring the gathering of information, completing documents, and adhering to deadlines. IRS Free File Fillable Forms can offer a no-cost option, especially if you, the taxpayer, know what you’re doing. However, this program isn’t for everyone. Before deciding if Free File Fillable Forms are helpful for your situation, it’s a good idea to understand what they are and how they work, and if there are easier—and smarter—filing solutions. The Many Methods of Tax Filing If you Google “IRS Free Fillable Forms,” you’ll get more information than you bargained for on this and related
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Are My Alimony Payments Tax Deductible or Taxable Income? A 2026 Guide
Alimony tax rules depend on when your divorce or separation agreement was finalized. This 2026 guide explains when alimony is deductible, when it must be reported as income, and how child support is treated differently.
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How to Verify Your Identity with the IRS: AGI, Self-Select PIN, and IP PIN
The IRS requires identity verification before an e-filed tax return can be accepted, usually through your prior-year AGI, a Self-Select PIN, or an IRS-issued IP PIN. This guide explains what each option means, when to use it, and how to retrieve the information you need.
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