Category: Tax Relief Tips

plastic box that says "taxes" on several $ bills

IRS penalties and how to avoid them

As almost every taxpayer knows, IRS penalties are no joke. During the Fiscal Year of 2021, the IRS collected more…

paperwork for tax considerations when moving

Tax considerations when moving to another state

Even though relocations from one state to another have slowed in recent years, roughly 10% of Americans change their home…

person looking at an IRS negligence penalty

IRS negligence penalty: what is it and what to do?

The IRS negligence penalty is reserved for those taxpayers who submit their taxes in an improper way or, more commonly,…

person thinking on how student loans impact your taxes

How do student loans impact your taxes?

These days, it is almost impossible to attend college without a student loan. But did you know that these loans…

person browsing a garage sale

Garage sales and income tax

Garage sales might not be as prominent as they once were, what with eBay, Craigslist, and Facebook marketplace offering a…

a pen and calculator for filing capital gains tax

Comprehensive guide to Capital Gains Tax

There are many different ways in which the United States government applies taxes to different types of income. For example,…

person explaining tax breaks for people with disabilities to another person

Guide to Tax Breaks for People With Disabilities

Being disabled makes you eligible for a number of tax breaks. However, it is not always "clear-cut" how to take…

person doing measurements, symbolizing what you need to do when converting your primary residence to a rental property

Tax Implications of Converting Your Primary Residence to a Rental Property

With the housing market being as it is, it has never been more profitable to rent out your place. This…

a stack of tax forms and a post it with "need help?" on it representing tax tips for money-making hobbies

Tax Tips for Money-Making Hobbies

Making some money from your hobby is a fantastic feeling, all until you realize that you need to claim that…

stocks and taxes on stocks

Taxes on Stocks: What You Have To Pay and How To Pay Less

Investing in stocks is quite popular these days. The potential for profit is large and a savvy investor can make…