Tax Strategies
Additional Form 8959 for Additional Medicare Tax: Calculating Do Your Employee Wages or Self-Employment Income Meet These Thresholds?
“What’s in a name? Form 8959 by any other name might still mean you pay more taxes.” If you earn high wages or have self-employment…
What Is Tax Form 4136: What It Is And How To Use It
In a nutshell, IRS Form 4136 lets you claim a refund on certain federal fuel taxes you paid throughout the year. If you used gasoline,…
What You Need to Know About Form 8888: Allocation of Refund in 2025
Tax season is no one’s favorite time of year, but if you’re due for a refund, there’s at least something to look forward to. And…
Tax Benefits for Buying a Car
Buying a car can come with some surprising tax perks, depending on how and why you purchase it. This article covers the tax benefits of…
The Tax Penalty for No Health Insurance
Health insurance is an essential aspect of financial and medical security for many Americans. However, for those who choose to go without health insurance, there…
Tax Write Off for Donations to Goodwill
Donating to Goodwill is a great way to give back to the community while also benefiting from potential tax savings. The IRS allows taxpayers to…
What is the Fresh Start Program And How Can it Benefit You?
The Fresh Start Program is an initiative by the Internal Revenue Service (IRS) designed to help taxpayers struggling with unpaid taxes. Originally launched in 2011…
Tax Benefits of Marriage: How Tying the Knot Can Lower Your Tax Bill
Marriage is often viewed as a romantic and personal milestone, but it also comes with financial implications—especially when it comes to taxes. For American couples,…
