The compensation you’ll receive from a lawsuit settlement is taxable unless the lawsuit concerns…
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
-
June 02, 2023Understanding Overtime Taxation: Is Your Extra Income Really Taxed More
The lack of understanding of overtime taxation is often the reason employees are hesitant…
-
June 02, 2023Do Amish Pay Taxes? How Taxation Impacts Traditional Communities
Tax obligations of all US citizens are similar regardless of their religious affiliations or…
-
June 02, 2023How to Fill Out Form W4 if Married And Both Work? The Ultimate Guide in 2023
The Form W4 is an essential tax form that determines how much of an…
-
June 02, 2023How Many Dependents Should You Claim on Your Taxes? A Guide to Maximizing Your Refund
It’s a common misconception that you can only claim your children as dependents on…
-
June 02, 2023What is a CP05 Notice From The IRS? Here’s What you Need to Know
All US taxpayers hope to receive their tax refunds as soon as possible, but…
-
June 02, 2023W2 vs W4: Understanding The Difference Between These Important Tax Forms
All businesses must report state and federal taxes for their employees. Consequently, they must…
-
June 02, 2023Parents Claimed You on Their Taxes? Here’s What You Need to Know
Most of us don’t worry about filing taxes before we turn 19 because our…
-
June 02, 2023Navigating Federal Tax Brackets: A Guide for Taxpayers in 2023
The inflation rates in the United States are slowly starting to decline in 2023…