What are the biggest tax mistakes people make?

5 Facts About the Biggest Tax Mistakes People Make Failing to keep proper records: One of the biggest tax mistakes people make is not maintaining accurate and organized records of their income, expenses, and deductions. This can lead to missing out on potential...

Should I Itemize Or Take The Standard Deduction?

When it comes to filing taxes, one important decision to make is whether to itemize or take the standard deduction. Tax deductions are beneficial because they reduce your taxable income, potentially resulting in lower taxes owed or a higher tax refund. Itemized...

Are My Unemployment Benefits Taxable?

Unemployment benefits are a form of financial assistance provided to individuals who have lost their jobs and meet certain eligibility criteria. Many people wonder whether these benefits are taxable or not. The answer is yes, unemployment benefits are generally...