Colorado’s flat state income tax of 4.25% simplifies filing for everyone—whether you’re earning a salary, freelancing, or running a business. You don’t have to juggle […]
Month: January 2025
California State Income Tax in 2025: A guide
California has a progressive state income tax with nine tax rates ranging from 1% to 12.3%. Precisely how much you’ll pay for the 2024 tax […]
Maryland State Income Tax in 2024: A guide
Maryland’s state income tax rates range from 2% to 5.75% for the 2024 tax year (the taxes you file in 2025), with eight tax brackets […]
Facts About the PATH Act and Tax Refunds
Starting on January 27, 2025, the Internal Revenue Service (IRS) will officially kick off the opening of the 2025 tax filing season and will begin […]
E-File is Now Open: Why You Should File Your Taxes Early
The Internal Revenue Service (IRS) officially kicked off the opening of the 2024 tax filing season and is now accepting and processing tax year 2023 […]
What Is the Federal Income Tax Rate & How Does It Work?
Understanding federal income tax rates is essential for managing your finances and maximizing your savings. Whether you’re a small business owner or an individual taxpayer, […]
S-Corp Taxes: A Business Owner’s Guide
The business structure you choose has a significant effect on your taxes. As an S-Corp business owner, you have different tax responsibilities than a C-Corp […]
How a TikTok Shutdown Could Affect Creator Income and Taxes
The potential shutdown of TikTok, the popular short-form video platform, has been a topic of much discussion and debate. A TikTok shutdown could significantly affect […]
How to Deduct Business Expenses & What You Can Write Off
The cost of running a business can add up quickly, especially as your company grows. Fortunately, the IRS allows you to deduct business expenses to […]
How to File Taxes for Free with TurboTax Mobile App Offer
As we dive into the new year and the tax year 2024 tax season kicks off, it’s time to get your taxes done and get […]