Hayden Nichols8 min read
An uncashed paycheck or an untouched crypto reward may still count as income for the year it became available. Learn how constructive receipt works, what changes under accrual accounting, and…
Diego Morris5 min read
Americans gave a record $592.5 billion in 2024, but fewer households are donating. Learn how tax law changes shaped that divide, which giving methods may affect taxes, and what a…
Hayden Nichols5 min read
Starting a side business brings a new tax bill, but the rules are easier to manage with a plan. Learn how the 15.3% self employment tax works, when payments are…
Diego Morris4 min read
Tax loss harvesting can turn realized investment losses into a tax offset, but the wash sale rule can block the deduction. Learn the limits, timing rules and account types to…
Diego Morris8 min read
The 2025 tax year brought firm deadlines for withholding, retirement contributions and investment decisions. See the contribution limits, eligibility rules and records that still matter as you prepare your return…
Hayden Nichols4 min read
The Internal Revenue Code governs federal taxes on income, payroll, estates and more. Learn how the code is organized, who enforces it and how two 2017 replacement proposals differed from…
Diego Morris5 min read
Some states exempt Social Security, pensions, or retirement account withdrawals, while nine have no broad income tax. See which rules apply, where limits remain, and how federal taxes and required…
Hayden Nichols4 min read
Gig workers may need to pay estimated taxes four times a year, and missing a deadline or paying too little can trigger a penalty. Learn how the 2025 IRS test…
Blake Davis12 min read
A few 2025 tax decisions still depend on the calendar. See which deductions, account contributions, investment sales, payments, and credits need attention before year end, and which deadlines extend into…
Blake Davis6 min read
Excise taxes apply to selected purchases and account activities, but the charge may be hidden in a price or assessed as a penalty. Learn how percentage and per unit taxes…