Tax Withholding 101: How to Fill Out a W-4 the Right Way Filling out a W-4 form might not be thrilling, but it is essential. This simple form tells your employer how much federal income tax to withhold from your paycheck—and getting it wrong could lead to a tax bill
Quarterly Taxes Explained (for Side Hustlers & Freelancers) If you’re earning income outside of a regular paycheck—whether from freelancing, gig work, or a side hustle—you’re responsible for paying your own taxes. That means quarterly estimated taxes are likely on your to-do list. Here’s what you need to know to stay
How Do I Pay Estimated Taxes If I’m Self-Employed? When you’re self-employed, taxes aren’t automatically taken out of your paycheck like they are for traditional employees. Instead, you’re responsible for calculating and paying your own taxes—and that includes making estimated tax payments throughout the year. Here’s a beginner-friendly guide to
What to Do If You Missed the Tax Deadline Missed the tax deadline? Don’t panic—you still have options. Whether you’re expecting a refund or owe taxes, taking the right steps now can help minimize penalties and get you back on track. ✅ 1. File As Soon As Possible Even if
How to Make the Most of Your Tax Refund (Save, Invest, or Pay Down Debt) Got a tax refund coming your way? Instead of spending it all, consider using it to improve your financial situation. Here’s how to make the most of your refund! 1. Save for Emergencies 🏦 If
What to Know If Your Parents Still Claim You as a Dependent It Affects Your Credits, Your Deductions, and Even Your Refund Your parents may still be able to claim you as a dependent if you’re: Under 24 A full-time student Living with them for more than half the year
Do You Need to File Taxes If You’re a College Student? Filing Might Seem Optional, But It Could Get You a Refund If you’re a student, you might wonder if filing taxes is even necessary—especially if you made only a few thousand dollars. But in many cases, filing can benefit
Student Loan Interest Deduction – How to Qualify and Claim It Don’t Miss This Simple Way to Reduce Your Tax Bill If you’re paying back student loans, you may be eligible to deduct up to $2,500 in interest paid during the year. 💡 Who Qualifies? You paid interest on a
Why You Might Still Get a Refund Even If You Didn’t Make Much Think you made too little money to get a tax refund? Think again! Even if your income was on the lower side, you could still see money back from the IRS. Here’s why. 1. 🧾 You Had
Should You Use a Tax Pro or File Yourself? A Cost vs. Value Guide Tax season brings one big question for many filers: Should I hire a professional or do it myself? The answer depends on your financial situation, confidence level, and what you value more—time or money. 🧾 Filing
