Category: Taxes
The Inflation Reduction Act Changed Both Federal Energy Tax Credits (Residential Clean Energy Credit & Energy Efficient Home Improvement Credit) This energy tax credit overview has been updated for …
When is the HSA Contribution Deadline for 2024? The Same Day as the 2025 Tax Deadline. As a follow-up to my IRA contribution deadline post, I wanted to make …
When is the 2024 IRA Contribution Deadline? The Tax Filing Deadline in 2025. Here’s a personal finance 101 must-know special (and reminder for those already in the know): the …
An FYI (or reminder) to those who make charitable donations, in part, with tax deduction benefits in mind: the $300 above-the-line “universal” charitable donation tax deduction expired at the …
An FYI to readers, as I’ve had a number ask me the question recently, “What happened to Credit Karma Tax?”. Credit Karma Tax was renamed and recently fully relaunched …
Update: the 2025 Federal Poverty Level (FPL) Guidelines have been updated for this article (below). 2024 FPL Guidelines are also included for reference. Every January, the United States Department …
This education tax credit and deductions overview has been updated for the 2024 and 2025 tax years. Many readers of this site are completing school for the first time …
The 2021 Universal Charitable Donation Tax Deduction was $600 for Married Filing Jointly & $300 for Other Filers. It Has Expired for 2022, 2023, 2024, 2025, and Beyond. Update: …