Tax Tips for Freelance Writers

Tax Tips for Freelance Writers

If you’re a freelance writer, the IRS will probably classify you as a small business owner. This means that doing your taxes can be a little trickier, as you’ll need to file your freelance income as self-employment income. However, being self employed means you’re...
Amended Returns: What You Need to Know

Amended Returns: What You Need to Know

Did you know that you can amend a tax return? If you notice that you made an error on a tax return you already filed, you can (and should) amend your return to make sure you don’t run into trouble with the IRS. If you do need to amend your tax return, there are some...
Is Social Security Income Taxable?

Is Social Security Income Taxable?

A commonly asked question about taxes is whether or not Social Security income is taxable. The short answer is that, unfortunately, yes it is. However, not everyone has to pay taxes on their Social Security income. Whether or not you pay taxes on social security...
Will Your Tax Refund Be Higher or Lower This Year?

Will Your Tax Refund Be Higher or Lower This Year?

The government shutdown ended a few weeks ago, which meant that IRS employees could get back to work for the start of tax season. But even with IRS agents back at work, this tax season may be a complicated one. Both IRS agents and taxpayers are dealing with a brand...