An IRA, or Individual Retirement Arrangement, is a type of retirement savings account that offers individuals tax advantages for the purpose of saving and investing for retirement.

If you're a farmer or own a farm that generates income, then it's essential to understand your tax responsibilities related to farming activities.

The Working Families Tax Credit is a new tax credit available for low-to-moderate income Washington residents.

Tax season officially begins on Monday, January 23, 2023! We look forward to seeing you this year. Like previous years, we are offering tax prep filing services in a variety of ways.

A new year means new changes! In this post, we’re going over the changes made for the 2022 tax year that you will see when filing your taxes this year.

Donating not only helps those around you, but it can also provide you with some tax benefits.

Filing taxes can be stressful, neglecting to file your taxes can cause a lot more stress further down the line.

Many students receive financial aid to help cover the costs of going to college. If you receive aid, it’s important to be educated on how it may affect your taxes.

Tips are a great bonus when working in the service industry, but there are some tax considerations with this extra income. Here are answers to some of the frequently asked questions about reporting tips.

Balance due notices (CP14) have been incorrectly issued to some taxpayers who filed married filing jointly.

Many summertime activities, from getting married to working a summer job, can affect your tax situation. Make sure to check out these Summertime Tax Tips to avoid surprises next tax season.

Self-employed individuals and small business owners working from home can save money by taking a deduction for business use of the home.

Updates to the threshold requirements for Form 1099-K mean that more people will receive this form than ever before.

In the United States, taxes are pay-as-you-go, which means that you need to pay your taxes throughout the year as you receive income.

When you have self-employment income, your tax situation will look different compared to being an employee.

The IRS determines whether you have a hobby or a business on a case-by-case basis. Typically, the classification comes down to intent and profit.

The Earned Income Tax Credit (EITC) offers a tax break for eligible low- to moderate-income workers.

The IRS will begin accepting and processing 2021 tax year returns on January 24, 2022.