Form 8582 is the IRS tax form used to determine the amount of your…
Personal Taxes



Tax Basics
What are taxes?
Taxes are money collected by the government for the purpose of funding government operations
How do you file taxes?
For some, filing taxes can be a breeze, for others it can be a nightmare. Read our articles below to find out the best tax advice for your situation.
Latest in Personal Taxes
- January 28, 2023
What Is Schedule E? Your 1040 Schedule E Complete Guide
If during the tax year you collected rental income, earned one-off royalties, or received…
- January 17, 2023
TurboTax Review 2022-2023: Honest Review by a CPA
As a CPA, I’ve used countless types of tax return preparation software over the…
- January 06, 2023
Best Tax Software 2023
When it comes to doing your taxes, you have three options: fill out the…
- January 05, 2023
Tax Credit vs. Tax Deduction (Example)
While a tax deduction reduces the amount of your income subject to a particular…
- January 05, 2023
H&R Block Review 2022-2023: Honest Review by a CPA
H&R Block has come a long way since it was founded by brothers Henry…
- January 05, 2023
Tax Survey 2023: Millennials Score Highest on Tax Knowledge Quiz
Money Done Right worked with Google Consumer Surveys to test 1,500 American adults on…
- December 05, 2022
1031 Exchange Rules: What Is a 1031 Exchange?
I’ve come across a lot of folks who have held rental or investment property…
- December 04, 2022
Tax Guide 2020-2021
It’s that time of year again: tax season. And whenever tax season rolls around,…