Business Income and Expenses

The Beauty of Direct Deposit

Why it makes a lot of sense to opt for direct deposit for your refund.

Refundable Credits 101

Tax credits are great - refundable tax credits are gold. Want to know why? Keep reading!

How Income, Profit, and Loss Works for Artists

Put down the brushes, pencils and digital pens for a second-let's talk business.

Keep Calm and Carry On

No worries about last-minute filing.

How Do Tax Brackets Work?

Tax brackets help determine your taxes owed-let's take a look at how they work!

Tax Relief for Hurricane Isaac Victims

If your hometown was one of the unlucky ones "visited" by Hurricane Isaac recently, paying your taxes probably isn't first on your to-do list. Repairing storm damage, drying out, and getting life back to normal pretty much sit at the top of any lists in those storm-soaked areas. The IRS recognizes the stress and difficulty taxpayers may have after a storm of Isaac's magnitude. So, the agency has granted some tax relief for Gulf Coast taxpayers struggling to recover. While you still have to pay your taxes, the due dates have been pushed back to give you a little extra time.

Scammers Still in Business

Crooks may have changed their tactics - but they still want your money.

Income - Taxable and Otherwise

A guide to the IRS view of what's taxable income - and what's not.

Teachers Can Count COVID Supplies Toward Educator Deduction

Teachers can officially use unreimbursed expenses for Coronavirus-preventative supplies toward a $250 tax deduction.

Giving Disabled Veterans an Even Break

A brief look at some of the tax breaks specifically for disabled American veterans.