When I mentioned I was studying to become an Enrolled Agent, a reader asked me whether I knew any courses to learn more about taxes, not to become a tax professional but to be more knowledgeable in ...
Stop Tax Return Fraud: Sign Up For IRS IP PIN Program
Due to many hacks and breaches of personal information, having a tax return filed fraudulently in your name has become a problem in recent years. Criminals gather enough information about you to file ...
2019 2020 ACA Health Insurance Premium Tax Credit Percentages
If you buy health insurance from healthcare.gov or a state-run ACA exchange, whether you qualify for a premium tax credit is determined by your income relative to the Federal Poverty Level (FPL). You ...
2019 2020 401k 403b 457 TSP IRA FSA HSA Contribution Limits
[Updated in November 2019 after official numbers for 2020 are out.] Retirement plan contribution limits are adjusted for inflation each year. After inflation pushed up both the 401k/403b/457 ...
Paying Taxes On Your Own: Amount, Timing, and Mechanics
You know what they say about death and taxes. If you work for an employer, the IRS requires the employer to withhold taxes. If you don't have an employer, you will have to pay taxes on your own, and ...
How To File EITC and Child Tax Credit For Free: TurboTax Edition
In the previous post Tax Software: Buy Download Or CD, Not Online Service, we focused on the 40% of tax filers who prepare their own returns. More people actually don't do it themselves. They use the ...