OBBBA raised the Child and Dependent Care Credit's top rate to 50% for 2026. Here's how the new sliding-scale rate affects daycare, camp, and after-school costs.
Minnesota families can claim a K-12 education credit and subtraction for school costs. Here's how both work, plus federal AOTC and LLC credits for 2026.
Deciding between 1099 and W-2 for your first hire? Learn the IRS worker classification test, misclassification penalties, and how to document your decision.
A complete guide to rental property taxes: Schedule E, deductions, depreciation, passive loss rules, and short-term rental tax treatment.
Sole prop, partnership, S Corp, or C Corp? Here's a practical framework to help you choose the right business structure for your situation.
A 2025 federal court ruling may entitle taxpayers to refunds on late filing and payment penalties assessed during the COVID disaster period. Deadline: July 10, 2026.
Work from home and run your own business? The home office deduction can reduce your tax bill — but only if you meet the requirements. Here's how it actually works.
Making the leap from W-2 to 1099? Here's what changes on your taxes when you go independent — self-employment tax, estimated payments, deductions, and why bookkeeping matters from day one.
Filing a tax extension buys you time to file, not time to pay. Here's what happens between April 15 and October 15, what costs you money, and what you should be doing right now.
If you're self-employed, a freelancer, or have income without withholding, quarterly estimated payments are how you stay current with the IRS. Here's a practical guide to calculating and paying them.
Learn when filing a tax extension makes strategic sense, how Form 4868 works, and the #1 myth that costs taxpayers real money every year.
Still haven't filed? There are smart last-minute moves that can reduce your tax bill. Here are 5 things to check before you submit your 2025 return.