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Sports Gambling and How Your Winnings are Taxed

Sports Gambling and How Your Winnings are Taxed

Sports gambling has become a popular year-long hobby. Did you just win your football fantasy league (or come in second place and get some winnings)? You might be surprised to learn that Uncle Sam has his fingers crossed for your good fortune as well. That’s because...
7 Common Tax Problems (With Solutions)

7 Common Tax Problems (With Solutions)

When it comes to doing your taxes, it’s natural to feel stressed out. Although most people can breathe a sigh of relief after filing their annual returns, tens of millions of taxpayers face a variety of tax problems that extend the stress every year.   We go over the...
Top Fun #TaxFacts You Need to Know

Top Fun #TaxFacts You Need to Know

The words taxes and fun rarely go together in the same sentence, but here are a few fun state tax facts and federal scenarios…we promise they’re fun! Within your own state there are plenty of interesting tax rules that you might not know existed — below, we’ve rounded...
What Is a Personal Exemption & Should You Use It?

What Is a Personal Exemption & Should You Use It?

Untangling tax laws can feel like navigating a maze, especially when you’re trying to decipher what feels like an entirely new language. When filling out your tax form, one term that used to play a major role in individual tax returns was “personal exemption.” This...
Mail Call: Common Tax Forms to Expect in the Mail

Mail Call: Common Tax Forms to Expect in the Mail

A new year, a new tax return! It’s time to get started on your taxes. If you haven’t received all your tax forms, don’t worry. The IRS gives companies a deadline, so you should be receiving your tax forms soon if you haven’t already. You may also be able to easily...