How a Side Hustle Changes Your Tax Situation Completely
A side hustle triggers 15.3% self-employment tax on net profit over $400—plus your regular income tax. Here's what first-timers need to know about quarterly payments and filing...
Is Chicago The Next Domino To Fall?
Uh-oh. The only thing propping up Chicago may be that which is alluded to in their nickname: wind.
Another Debt Ceiling Debate?
Congress seems set for another debt ceiling debate in the fall. What does it mean for you?
Tax Reform Hold Ups – Does It Matter?
Congress is gridlocked on tax reform. How does it affect you? Tax reform promises to create jobs and reduce the tax burden on the average American.
The Marketplace Fairness Act
The Marketplace Fairness Act looks set to pass, which will impact the vast majority of American’s bottom line.
States With the Best and Worst Income Tax
Knowing which states have the highest and lowest income tax could save you thousands of dollars a year.
Assumptions About the IRS
Taxes have been in the news lately with the IRS scandals. I do not think the IRS generally deserves its bad-ass reputation.
Latest Sign of Decline: G-8 Summit Talks Tax-Dodging
The countries of the G-8 summit took out a chunk of time to see how they can collude with each other to squeeze more taxes out of corporations.
HRA-Another Set of Annoying Health Care Initials
It seem as if the health care industry is becoming like the defense industry with acronyms and initials identifying products and programs.
What is A Health Savings Account?
A Health Savings Account, commonly called an HSA was created by congress to allow individuals to have a tax advantaged way of paying for qualified health expenses.
Internet Sales Tax – Is It Coming to a Site You Use?
Congress set to begin deliberations on establishing internet sales tax for online retail websites.
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5 Tax Mistakes Made by Parents of College Students in 2026
Avoid 5 common tax errors for parents of college students in 2026, including dependency status and 529 plan mistakes. Learn how to file correctly.
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Foreign Income Tax in Colorado: Why the Federal Exclusion Won’t Save You 4.4%
Colorado taxes 4.4% of foreign income even when the IRS allows it tax-free. Find out why federal exclusions don't protect expats and what filing status actually applies.
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How to Claim the EITC as a First-Time Worker in 2026
Claim the EITC as a first-time worker in 2026 with $1,500+ income. Learn how to qualify and get up to $2,894 in refunds.
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How an IRS Payment Plan Works and Whether It Is Worth It
IRS payment plans add 20–30% to your debt over time due to interest and penalties. See how they work, who qualifies, and whether one makes sense for you.
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How to Avoid Tax Penalties When Selling a Business in 2026
57% of small business owners sell without a tax strategy. Use the IRS-residual method and Form 8594 to dodge penalties averaging 20% of underpaid taxes.
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Tax Planning for Inherited IRAs in Massachusetts: Rates, Rules, and Deadlines
Massachusetts taxes inherited IRA distributions at 5% flat plus a 4% surtax above $1.08 million. Non-spouse beneficiaries must withdraw the full balance within 10 years under the...
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