If you are self-employed, the self-employed health insurance deduction can help lower your taxable income—but only if it is set up correctly from the start. One of the most important steps is making sure the insurance policy is in the correct name. If your business does not have a separate legal name, the policy should be [...]
When is the Deadline to Contribute to my IRA? You can contribute to either a Traditional or Roth IRA up until the tax filing deadline of the following year. For the 2025 tax year, the deadline is April 15, 2026. Filing a tax extension does not extend this deadline. How Much Can I Contribute? For 2025, [...]
Tax season is here, so it is important to stay aware of fraudulent tax preparation practices that can place you at serious financial and legal risk. Refund manipulation scams often involve dishonest preparers filing inaccurate returns to generate inflated refunds and directing those refunds into their own bank accounts. How the Scam Works These scams work [...]
Tax season is here and it moves fast. When you’re an over-the-road truck driver, it can be hard to find the time to prepare for tax season. If you haven’t had the opportunity to gather your tax documents or find a preparer to file your return by April 15th, you may be wondering about an extension. [...]
