ARTICLES

Age-based tax rules can impact your finances. Tracking these milestones helps you maximize benefits and avoid mistakes.

If your business fails to remit withheld payroll taxes, the IRS can hold individuals personally liable under the Trust Fund Recovery Penalty — also known as the 100% penalty. Learn what courts look for and how you can protect yourself from this costly mistake.

To file as Head of Household, you must be unmarried, support a qualifying dependent, and pay over half the cost of maintaining the home. A parent can qualify even if they don’t live with you. Learn More.

Learn which tax documents to keep, how long to retain them, and what you can safely shred after filing your return.

Thinking of lending money to a friend or family member? Learn how to properly structure a personal loan to avoid tax issues, including the importance of a written agreement, using the right interest rate (AFR), and potential tax deductions.

TCJA limits vehicle deductions however, self-employed CAN claim work miles, while others can only claim medical, charity, & military moves.

By 2026, the IRS plans to increase its audit efforts. Stay prepared with organized records and be ready to address any red flags.