Taxes
How to Handle Taxes During a Legal Name Change
Key Takeaways A legal name change does not affect how much tax you owe, but it can affect whether the...
Sales Tax Year in Review, Compliance Strategies for 2026
Hard to believe the year is almost over – and it’s also hard to believe just how much change sales tax can stuff into just 12 months. But change did occur, and it’s up to you...
2026 Tax Changes: What You Need to Know
Key Takeaways In 2026, federal income tax brackets are adjusted for inflation, meaning income thresholds rise while marginal rates remain the same,...
Tax Differences Between HSAs and FSAs
Key Takeaways HSAs offer long-term tax advantages through a triple tax benefit: tax-deductible contributions, tax-free growth, and tax-free withdrawals for...
Can I Have a Passport If I Owe Back Taxes?
A passport is an essential travel document that allows individuals to explore new horizons, visit foreign lands, and experience diverse...
Filing Taxes as a Professional Athlete
Key Takeaways Professional athletes face unique tax complexity due to multi-state income, short career spans, high earnings, endorsements, and increased...
Top Strategies to Pay Off Back Taxes Faster
Key Takeaways Start with accuracy and compliance. The fastest way to pay off tax debt begins with confirming your exact...
Qualifying Spouse Filing Status: Rules, Benefits & Timeline
Key Takeaways Qualifying surviving spouse filing status allows a surviving spouse to use married filing jointly tax rates and the...
What Happens If You Owe the IRS But Move Out of the Country?
Key Takeaways If you owe the IRS and move out of the country, your tax debt and filing obligations do...
How States Make Money On Sales Tax Audits
Why sales tax audits are increasing Recently – and especially after the 2018 Supreme Court decision in Wayfair) – states...
Marginal Tax Rate vs. Effective Tax Rate: What’s The Difference?
Key Takeaways Marginal tax rate vs effective tax rate measures different things: the marginal rate applies to your last dollar...
What Is a Tax Settlement? Options, Process & Eligibility
Key Takeaways: Tax Settlement Overview: Resolve IRS debt for less than the full amount through programs like Offer in Compromise,...
