Quarterly Estimated Taxes: Who Pays Them and What Skipping Costs
The U.S. tax system is pay-as-you-go, which means waiting until April to pay what you owe could result in an estimated tax penalty. This can come as a surprise for self-employed individuals and business owners who are used to handling their taxes once a year. For freelancers and gig workers especially, understanding estimated payments […]
Capital Gains Tax: What You’ll Owe When You Sell A House in Columbus
Central Ohio has been one of the country’s fastest-appreciating markets, so more Columbus sellers are bumping into capital gains than ever. The good news is that most people selling their primary home still owe far less than they fear. Here is what to know about taxes when selling a house in Ohio before you list, […]
Capital Gains Tax: What You’ll Owe When You Sell A House in Witchita
Wichita’s affordability has made it a strong market for both move-up buyers and investors, which means more people are selling a home or a rental and wondering what the tax bill looks like. The reassuring news is that most primary-home sellers owe little or nothing. Here is how the math works on taxes when selling […]
Capital Gains Tax: What You’ll Owe When You Sell A House in Denver
Denver’s long run-up in home values is great news right up until tax season, when a big gain can turn into a surprising bill. The good news is that most people selling their primary home owe far less than they fear, and many owe nothing at all. Here is what sellers and investors along the […]
Back Taxes Interest: How IRS Penalties, State Rates, and Daily Compounding Add Up
If you owe back taxes and you’re waiting until you “figure out the money,” you’re not hitting pause on your balance. You’re watching it grow. Every single day. How much can back taxes cost over time? Back taxes can grow through IRS interest, failure-to-pay penalties, failure-to-file penalties, and state-level interest charges. IRS interest compounds daily […]
You Filed Your Taxes and You Owe. Now What?
You did everything right. You filed on time. And then you opened the return and saw a number you weren’t expecting: a balance due you don’t have sitting in a checking account. First, you’re not alone, and you’re not in as much trouble as it probably feels right now. The IRS has specific programs built […]
Colorado TABOR Refund: Amounts, Eligibility & How to Claim
If you’re wondering what happened to your Colorado TABOR refund, you’re not alone. The amounts dropped sharply this year, and the way you claim them changed. According to the Colorado Department of Revenue, TABOR refunds are now based on your income and are claimed when you file your Colorado state income tax return, not issued […]
Trump Tariff Refund: What the Supreme Court Ruling Means for Businesses and Taxpayers
The recent Supreme Court ruling that striking down Trump-era tariffs has opened the door for potential tariff refunds for businesses that paid import duties in 2025. While no automatic refund program exists yet, companies may be able to recover significant funds depending on how the ruling is implemented and whether they act before potential tariff […]
A Guide to Filing Taxes for Freelancers and Gig Workers in 2026
Are you a freelancer, gig worker, or independent contractor preparing to file your taxes for the 2025 tax year? Between new rules from the One Big Beautiful Bill Act and ongoing changes to 1099-K reporting thresholds, tax season 2026 looks a little different for self-employed workers. Here’s everything you need to know. Whether you drive […]