Tax Hoots

When you sell an investment or property for a profit, that gain is usually subject to capital gain taxes. These taxes apply to capital assets like stocks, bonds, real estate,

Every year, millions of people turn to DIY tax software or free filing options in an attempt to save money. On the surface, it seems like the smart choice; why

Filing taxes often comes down to one big decision: should you take the standard deduction or choose to itemize? While itemizing can unlock tax deductions for items such as mortgage

Taxes can feel complicated enough without the added pressure of not knowing how far back the IRS can dig into your financial past. One of the most common concerns for

The IRS has hit the brakes on the highly debated $600 reporting threshold for Form 1099-K, giving taxpayers and businesses more breathing room before stricter reporting kicks in. With the

Inheriting an Individual Retirement Account (IRA) can be both a blessing and a challenge. On one hand, it can give you a substantial boost in building financial security. On the

The new standard deduction for 2025 is here, and it represents one of the most significant tax updates in recent years. Thanks to the One Big Beautiful Bill combined with

If you have been waiting for the perfect moment to purchase a clean vehicle, that moment has officially arrived. Significant federal clean vehicle tax credits, designed to make eco-friendly vehicle