Unemployment can be stressful enough without having to figure out the tax treatment of the unemployment benefits you receive. The IRS considers unemployment benefits taxable income. Unemployment compensation generally includes, among other forms, state unemployment compensation...

In 2021, 90% of people e-filed their tax returns. And it’s no surprise why.  Thanks to technology, there’s no reason to prepare your return by hand and mail it in. E-filing is the faster, easier, and more accurate way to do your taxes.  Once you try it, you’ll never go...

The tax deadline is April 18th which means it’s now crunch time for last-minute filers.  Here are some things to keep in mind as you prepare for Tax Day.   Claim your tax refund Most people who file a tax return get a refund, so what are you waiting for?  E-file now to claim yours. ...

Did you notice a mistake on your taxes after you filed?  Depending on your situation, you may have to amend your return.  Don’t worry about math errors, the IRS will automatically correct those kinds of mistakes.  Filing an amendment is only necessary if you need to correct your...

Let's say you’re walking down the street and out the corner of your eye you spot a $100 bill on the ground.  Finders keepers, right?  Not so fast.  Whether you find money or property, the IRS expects you to report your windfall, so they can tax you accordingly.  But their greed...

When you’re going through a divorce, taxes may be the last thing on your mind. But divorce can have a significant impact on your taxes—including your filing status, name changes, qualifying credits and deductions, and social security benefits—and your overall financial future.  If...

Finished filing your taxes? Don’t throw out your tax records just yet.  It’s important to secure your tax records going back several years in case you need to reference them later. But natural disasters and extreme weather like hurricanes or wildfires and even cybersecurity threats...

It just got ez-ier to file all the forms you need!  Are you a full or part-year New Hampshire resident?  Although your state does not tax earned income, they do tax interest and dividends.  You are required to file Form DP-10 if you received more than $2,400 (single filers) or...