Taxes
Set Your Status to Single: 4 Tax Advantages for Solo Filers
People often talk about the tax breaks that come with getting married — but that doesn’t mean unmarried people are...
The Sales Tax Requirements of Selling Into Canada
U.S. sales tax is confusing enough. What if you begin selling into a foreign country? You’ve heard it before that...
IRS Interest Rate Increases for Q1 of 2023
January 4, 2023 While the Fed continues to increase interest rates, other entities are adjusting their own rates accordingly, the...
Economic nexus overview – all states with sales tax now active
Next summer will mark five years since the Supreme Court ignited economic sales tax nexus with the South Dakota v....
Are Political Contributions Tax Deductible?
Updated for tax year 2022. Campaign contributions total hundreds of millions of dollars, and they continue to rise. With this...
How to Calculate the Self-Employment Tax
Updated for tax year 2022. No matter what self-employment looks like for you, you’re responsible for ensuring the taxes on...
What happened in sales tax in 2022
New sources of tax revenue, old ones robust but sputtering in spots, tax holidays as political tools amid inflation: It’s...
Tax Basics for Teens: Filing Your First Tax Return
Are you filing your taxes for the first time this year? Filing an income tax return may sound daunting, but...
How to File Your Basic Federal Tax Return for Free in 2023
We get it; filing your taxes is a chore you’d rather not do. That’s why TaxAct® makes the tax prep...
Tax Tips for 2023
December 28, 2022 The 2023 tax filing season will be different than the past few years and getting prepared early...
What is a sales tax exemption?
Sales and use tax nexus is defined as a connection between a person or entity and a taxing jurisdiction. Sales...
IRS Delays $600 Form 1099-K Reporting Threshold for Third-Party Payment Platforms
The IRS announced on Dec. 23, 2022, that it would delay the $600 reporting threshold for Form 1099-K that was...
