Articles by Lance Cothern

Lance is a licensed Certified Public Accountant (CPA) in the state of Virginia and he covers money management, budgeting, financial products, and more. He is also the founder of Money Manifesto, a personal finance blog, where he writes about his family's relationship with money. Education: B.B.A. in Accounting from James Madison University.

Found Business Checking Account 2024 Review Our review of the Found Business Checking Account looks at the account fees and features while identifying the pros and cons for business owners. How to Itemize Deductions on Your Tax Returns Photo of Lance Cothern Lance Cothern How to Itemize Deductions on Your Tax Returns Itemizing your taxes can seem a little scary at first. This is especially true if... What Happens If You Miss the October 15th Extended Tax Filing Deadline? Photo of Lance Cothern Lance Cothern What Happens If You Miss the October 15th Extended Tax Filing Deadline? Earlier in the year, you realized that you would not be able to file your tax... How to Figure Out Your Federal Income Tax Bracket Learn how federal income tax brackets really work when it is applied to your income, including how to calculate exactly how much your income is taxed. How Bonuses Are Taxed by the IRS Learn how your bonuses are taxed by the IRS, including tax withholdings based on the amount of your bonus income. Invested in Cryptocurrency? What You Need to Know for the Tax Season Photo of Lance Cothern Lance Cothern Invested in Cryptocurrency? What You Need to Know for the Tax Season If you’re trading or mining cryptocurrency, you should be aware you may owe taxes... How to File an Amended Tax Return Photo of Lance Cothern Lance Cothern How to File an Amended Tax Return So you filed your tax return but noticed you made a mistake. Suddenly, you’re... How to Prepare for Next Year’s Tax Filing Season Now With the tax filing season over, learn how you can start preparing for next year's tax season, including adjustments to tax withholding and getting organized. What Non-U.S. Citizens Should Know About Filing U.S. Tax Returns and Paying Income Tax Find out what non-U.S. citizens should know about filing U.S. tax returns and paying U.S. income tax based on non-resident alien status. Can You File Taxes as Head of Household? Learn the Rules Photo of Lance Cothern Lance Cothern Can You File Taxes as Head of Household? Learn the Rules When you file a tax return, you have to pick a filing status. The status options...