How to Fill Out W4, Employee’s Withholding Certificate
How you fill out your form W-4 determines how much federal income tax is withheld from your paycheck. There are nuances how to fill out
How to Calculate Taxable Amount on 1099-R: Your Definitive Guide
Just received your Form 1099-R? This form is used to report money you’ve received from retirement accounts, pensions, annuities and more. Understanding it correctly is
What to do if you missed the FBAR deadline
Last April 15, you would have reported your foreign accounts to the U.S. government, alongside your tax returns. This applies to you, whether you are
Can’t make it on April 15? Here’s how to request filing extension
April 15, 2025, is the federal tax filing deadline in America, but what if you’re not ready? Some people are still waiting for key documents,
Reminder to make your IRA and HSA contributions for 2024
April 15 is not just Tax Day. It’s also the deadline for most individual retirement accounts (IRAS) contributions, including traditional and Roth IRAs. You can
Tax Deadlines 2025: Key Dates for Businesses & Individuals
Taxpayers in the United States should mark their calendars for key filing deadlines for April 2025. Here’s a breakdown of the important dates: April 1,
US Tax Brackets 2024/25 and Federal Income Tax Rates
The US tax filing season started in the last week of January. As you file your 2024 income this year, you need to learn the
TCJA Expiration | Key Changes to Expect in Tax Laws
The Tax Cuts and Jobs Act (TCJA) of 2017 will expire at the end of 2025. It will bring some significant changes to the U.S
Why Might Preparing Taxes Be Different for People Living in Different States?
Interstate migration is not uncommon. Many Americans find themselves in this situation, some working and living in two or more states. If you moved within
How Long Does It Take to Get Tax Refund? [USA]
You have up to 2 to 3 years from filing your returns to claim your refunds. No matter how small the amount, you are entitled
How to Calculate Sales Tax: Navigating Sales Taxes and Deconstructing Total Costs
Sales tax is a standard levy on goods and services, and understanding how to calculate it is essential for budgeting and financial planning. Whether you’re
Capital Gains Tax Rate USA 2024/25: Your Guide to Better Understanding and Calculation
Capital gains taxes are levied on the profits realized from selling appreciated assets such as stocks, bonds, or real estate. The rates applied to these
How to Calculate Social Security Tax: Step by Step Guide [2025]
How to calculate social security tax is a crucial aspect of understanding your financial obligations and planning for retirement. This guide will walk you through the
New Presidency Key Tax Proposals
Following a recent election win, the new administration plans to make important changes to the tax system that could impact millions of Americans. Key proposals
Child Tax Credit Definition [2024] & Other Family Credits
The Child Tax Credit (CTC) continues to be a lifeline for many families, helping to ease the burden of rising costs associated with raising kids.
![When Does Tax Season Start? [2025]](https://legendfusions.com/usa/wp-content/uploads/2024/11/8550-e1732181828332.webp)
When Does Tax Season Start? [2025]
The Internal Revenue Service announces when the tax season starts usually by early January. Tax season starts around late January and ends in mid-April. Be proactive
5 Best Accounting Software for Self Employed [2024]
If you own and run a small business alone, the administrative tasks gradually become overwhelming. Using the right accounting software will streamline a lot of
When Are Taxes Due 2025?
For many Americans, April 15 marks the last day to file taxes. In some cases, however, exceptions apply, such as calamities. Hurricane Milton, for example,