Form 1098-T: What College Students Should Know
As tax season approaches, one crucial document that often causes confusion and raises questions is IRS Form 1098-T. This form is a critical piece of the puzzle when it comes
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Unleashing The Facts: Can You Deduct Pet Expenses on Your Taxes?
As a pet owner, you know that caring for your furry (or feathery or scaly) companions can be a significant financial commitment. From food and supplies to veterinary care and
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Beware of Tax Preparer Fraud: What You Need to Know
Navigating the intricacies of tax season can be daunting, even for the most financially savvy among us. The complexity of tax laws and the desire to maximize returns can make
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What’s Adjusted Gross Income? Understanding the Key Components
When it comes to managing your finances, especially during tax season, understanding your adjusted gross income (AGI) is crucial. It’s the starting point for determining how much of your income
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Can I Claim My Parent as a Dependent?
If your mom or dad is elderly or ill, you may be wondering, “Can I claim my parent as a dependent?” The short answer is maybe. That’s because certain tests
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How to File a Tax Return For a Deceased Taxpayer
Dealing with the death of a loved one is never easy. From notifying friends and family, and planning a funeral, to dealing with financials, there are a lot of details
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Are Wedding Expenses Tax Deductible?
With spring right around the corner, wedding season will soon be in full bloom. If you’re one of the lucky couples getting married this year, congratulations! We know that this
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