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My Offer in Compromise Was Rejected - Now What?

An Offer in Compromise (OIC) is an IRS settlement option to reach an agreement on how to deal with existing tax liability. The problem? It is rare th...

What is the Alternative Minimum Tax?

The Alternative Minimum Tax (AMT) was established to prevent wealthy taxpayers from using loopholes to help them avoid paying taxes. However, since t...

I Was Unemployed Half of the Year - Do I Need to File Taxes?

Unemployment is a tremendous burden to carry. In addition to causing financial strain and indecision about your future, it also causes a few headache...

What Are the Tax Credits Available to College Students?

Did you know that 71 percent of students that graduate from a four-year university will have some form of college debt? In fact, the average college ...

I’m a New Parent - How Will My Taxes Change?

There’s nothing more thrilling than becoming a parent. It’s a time for celebration, connection, and adjusting to new responsibilities—as well a...

Should I Have My Return Sent via Check or Direct Deposit?

There’s no question that the best thing about tax season is finding out about your refund. The IRS sends back a tax refund in a few different ways...

I Do a Little Work on the Side - Do I Need to Include That in My Return?

Side work helps a lot of people make ends meet. For a decent portion of taxpayers, it is the only way they can pay all the bills, enjoy some leisure ...

Should I File My Own Taxes as a College Student?

When someone turns 18, they are presented with many new opportunities—including high school graduation, the first year of college, studying, and ne...

What Is the Standard Deduction?

Paying taxes has never been easy. It seems like a growing number of us work hard and long hours just to get by. Thankfully, the IRS does provide some...

Taking Early Withdrawals from Retirement: How Will it Affect My Taxes?

We all look forward to the day when we can retire from our career and finally start to enjoy life without worrying about work. Retirement accounts ar...

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Taking Early Withdrawals from Retirement: How Will it Affect My Taxes?

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