Tax Questions

Should you invest your IRS refund? Are unemployment benefits taxable? We answer common tax questions so that your taxes feel less overwhelming. 

Are Unemployment Benefits Taxable?

Generally speaking, yes. Learn how the IRS treats unemployment income.
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States With No Income Tax

You may not pay income tax in some states, but there may be other tradeoffs to keep in mind.
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Tax Deductions vs. Tax Credits: What’s the Difference?

Learn how deductions and credits might affect your tax refund.
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What’s the Difference: Standard Deduction vs. Itemized?

As we prepare our tax returns, it can be helpful to review some of the basics.
5 min read
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Tax Time? Don’t Miss These 3 Potential Tax Breaks for Savers

Been saving all year? Check out these potential tax breaks.
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How to File Taxes: 4 Steps to Get Started

Filing your tax return can be a chore – here are four steps to help you file correctly and on time
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Working From Home? 3 Key Tax Questions to Ask

WFH has its perks but it’s important to be aware of the potential tax issues.
3 min read
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Gross Income and Adjusted Gross Income: What’s the Difference?

AGI is an important number when it comes to figuring out how much tax you may owe.
4 min read
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What Is the Alternative Minimum Tax?

Taxpayers subject to AMT calculate their tax liability twice, using the standard method and the AMT, and pay whichever is higher.
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Marcus Explains: Estimated Tax Payments

Get the basics of how estimated tax payments work.
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4 Tips to Consider When Looking for a Tax Preparer

Looking for a tax preparer? Here are some tips to keep in mind.
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How to Amend a Federal Tax Return

Made a mistake on your tax return? Here’s how to file an amended return.
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Got a Bonus From Work?

Learn how bonuses are taxed.
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Done With Your Personal Taxes?

Here’s what to keep for your records.
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IRS Audits: What You Need to Know

Audits are rare and not as scary as you might think.
4 min read
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