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Tax Breaks for Undergrad & Grad Students? 2025 Update

This blog breaks down the American Opportunity Credit and the Lifetime Learning Credit—who qualifies, how much you can save, and how to choose the right one for your education journey. Whether you're ... ...more

Taxes ,Credits &IRS

September 02, 2025•3 min read

Tax Breaks for Undergrad & Grad Students? 2025 Update

Update Homeschool Expenses Deductible? 2025 Update

Thinking about homeschooling in 2025? While federal tax breaks for homeschool expenses aren’t available (sorry, IRS says nope), a few states like Minnesota, Indiana, and Louisiana offer some relief. M... ...more

Deductions ,IRS &Expenses

August 18, 2025•3 min read

Update Homeschool Expenses Deductible? 2025 Update

No More Goodwill or Other Non-Cash Donation? 2025 Update

Donating your gently used clothes, furniture, or electronics can feel amazing—like a hug for the planet and your community. But did you know the IRS needs more than just good intentions to let you ded... ...more

Deductions ,Taxes &IRS

July 28, 2025•4 min read

No More Goodwill or Other Non-Cash Donation? 2025 Update

Are You a Real Estate Dealer or Investor?

Wondering if the IRS sees you as a real estate dealer or investor? This blog breaks down the key differences, tax consequences, and real-life examples—plus how to avoid costly mistakes. Learn how your... ...more

Deductions ,Taxes IRS &Expenses

July 14, 2025•4 min read

Are You a Real Estate Dealer or Investor?

What Happens if You Missed a Quarterly Estimated Payment? 2025 Update

Missing a quarterly estimated tax payment can lead to unexpected penalties and interest charges. This blog explains who needs to make these payments, what happens if you miss one, and how to fix it—wi... ...more

Estimated Taxes ,Taxes &IRS

June 23, 2025•4 min read

What Happens if You Missed a Quarterly Estimated Payment? 2025 Update

Settlement Payments

Wondering if your legal settlement is taxable? 🤔 While some payouts—like those for physical injuries—might be tax-free, most settlements are taxable, including emotional distress, lost wages, and pun... ...more

Income ,Taxes &IRS

May 27, 2025•4 min read