What your winning bet means for your taxes Key takeaways My favorite football team didn’t even make the playoffs, so when I placed a longshot parlay during the Big Game, it was mostly just to make things interesting. Things got interesting fast: I won, and it was more than I’d ever made on a single The post I Won Money on a Sports App During the Big Game. Now What? appeared first on Blog.
Key takeaways I didn’t skip the home office deduction last year because I didn’t qualify. I skipped it because I was nervous. No accountant. No tax department. Just me, my laptop, and my best friend, Google, late one April evening. If you’re self-employed and doing your own taxes, you probably know the feeling. Every deduction The post The “Audit Myth” That Stopped Me from Claiming My Home Office appeared first on Blog.
Key takeaways I started by cleaning out my closet. A blazer I hadn’t worn in years. Boots that looked great but were impossible to walk in. A bag I bought on sale and never actually used. Listing them on Poshmark felt like a win-win. Less clutter and a little extra cash. By the end of The post I Sold Stuff on Poshmark. Do I Owe Taxes? appeared first on Blog.
Key takeaways I sat down to start my taxes when a thought popped into my head: What if I owe this year? I’d picked up a few side gigs and wasn’t setting anything aside for taxes. I started to worry: If it’s a big bill, how would I even handle it? It didn’t help that The post I Was Scared of the IRS. Then I Learned About Payment Plans appeared first on Blog.
If you owe taxes when you file your return, pause and breathe. Then, make a plan. Key takeaways “You owe a couple thousand in taxes.” My CPA — who had undoubtedly delivered that same news countless times in the past — sounded nervous on the other end of the call. When I found out I The post I Owe Taxes This Year, and I’m Freaking Out. Here’s My Plan appeared first on Blog.
IRS data shows average refunds are up, but that doesn’t mean everyone will see the same result. Key takeaways The news is all abuzz about receiving bigger tax refunds. Refund headlines are everywhere this year. But there’s an important catch if you’re already mentally spending money you haven’t received yet. In general filers could see The post Why Everyone Is Talking About Bigger Refunds (and What It Means for Your Wallet) appeared first on Blog.
Want crypto tax reporting made simple? Here’s how to pull it all together without getting overwhelmed. Key takeaways 2025 was the first year I got serious about trading cryptocurrency. I learned a lot, and even made some profit. But when tax time came around, I felt like a newbie all over again. Suddenly, I was The post My Crypto Wallets Are a Mess. Here’s How I Generated My Tax Report appeared first on Blog.