Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.
This is the first time in years that filers can deduct interest on a whole year's worth of loan payments. Depending on your income and filing status, that's a tax break worth up to $2,500.
leading to no tax,” said Lei Han, a certified public accountant and associate professor of accounting at Niagara University. Keep in mind that if the IRS finds out you received savings interest ...
Many accountants have also left their jobs in public accounting. CPA firms have been trying innovative ways to recruit new talent. One approach that educational institutions have tried to increase ...
interest expenses, charitable gifts, dependent care, education costs, etc. When you start a new job, you’ll have to complete a W-4 form to set your tax withholding for the year. Even if you’ve ...
Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...
In most cases, personal loan interest is not tax deductible because you generally can't deduct personal expenses. There are certain situations where personal loan interest is tax deductible ...
As the 2025 tax season ramps up, you may be looking to choose a tax or accounting firm that fits your financial needs, whether for tax or other financial reasons. The choices may seem overwhelming.