Most Recent Manage Money News

IRS Interest Rates Remain the Same for Q4 2025

IRS Interest Rates Remain the Same for Q4 2025

The IRS has announced its interest rates for the final quarter of 2025, with no changes from the previous quarter....

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IRS Installment Agreement vs. Currently Not Collectible: Which Option Is Right for You? 

IRS Installment Agreement vs. Currently Not Collectible: Which Option Is Right for You? 

Key Takeaways:  An IRS Installment Agreement lets you pay off tax debt in fixed monthly payments, while Currently Not Collectible...

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The Most (and Least) Tax-Friendly States for Retirees 

The Most (and Least) Tax-Friendly States for Retirees 

Key Takeaways:  The most tax-friendly states for retirees aren’t just those with no income tax. They are the ones where Social...

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How to Read Your IRS Transcript and Understand Account Codes 

How to Read Your IRS Transcript and Understand Account Codes 

Key Takeaways:   IRS transcripts are official tax records that show return data, payments, credits, and IRS transcript codes documenting...

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Truck Drivers: Over-the-Road Tax Deductions 

Truck Drivers: Over-the-Road Tax Deductions 

Key Takeaways:  Owner-operators can deduct a wide range of business expenses, including fuel, maintenance, insurance, depreciation, and per diem meals....

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What You Need to Know About Hiring Your Kids for Work

What You Need to Know About Hiring Your Kids for Work

As a parent, you may be looking for opportunities to teach your children valuable life lessons, including those related to...

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Tax Pros and Cons of Hiring Family in Your Business

Tax Pros and Cons of Hiring Family in Your Business

Key Takeaways:   Hiring family in your business can provide trust, reliability, and flexibility, making it easier to fill roles...

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Should I File as an S Corp? Pros, Cons, and Tax Considerations  

Should I File as an S Corp? Pros, Cons, and Tax Considerations  

Key Takeaways:  S corps can reduce self-employment taxes by allowing owners to take part of their income as distributions, which...

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Can You Reapply for an Offer in Compromise After It’s Denied? 

Can You Reapply for an Offer in Compromise After It’s Denied? 

Key Takeaways:   An Offer in Compromise (OIC) denial doesn’t mean your options are exhausted. You can either appeal the...

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Do College Students Need to File Taxes? 

Do College Students Need to File Taxes? 

Key Takeaways:  Filing depends on income and dependency status: Students must file a tax return if their earned income exceeds...

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