27 Apr Filing Taxes for a Deceased Loved One
Are you responsible for filing a deceased loved one’s last tax return? Read this article from The Accounting Guys to learn a few things you should be aware of. ...
Blog
18 Mar Will Your Tax Return Be Delayed This Year?
Over 30 million taxpayers had their returns delayed last year, and now the IRS has an even bigger backlog. How likely are you to have your tax return delayed this year? Learn more here....
11 Feb New IRS Form: What Is Letter 6419 and Why Do You Need It?
Most people know what forms to expect from the IRS each year, but this tax season, you’ll probably be getting a brand-new tax form in the mail. It’s called Letter 6419, and it’s important that you hang onto it, along with all your other tax...
13 Jan How Taxes on Your PayPal and Venmo Accounts Could Change in 2022
Venmo, PayPal, and similar apps are now required to report your income to the IRS. How will this impact your taxes? Read our blog post to learn more....
27 Dec 3 Important Things to Keep in Mind for Your 2021 Tax Return
With 2021 drawing to a close, it’s time to start thinking about what the New Year will bring. One thing’s for certain: It’ll bring tax season, and probably much sooner than you think. While every year tends to bring some minor changes to tax law,...
18 Oct How You Can Benefit from Professional Tax Planning Services
Many people take a passive approach to taxes: You fill out your return, pay what you owe (or collect your refund), then do the exact same thing again next year. However, this reactive strategy can result in you paying thousands more in taxes over the...
01 Sep Big Tax Breaks that Many Taxpayers Miss
With the standard deduction increase provided by the Tax Cuts and Jobs Act of 2017, many Americans are now opting to take the standard deduction instead of itemizing. However, if you’re one of the millions who still itemizes deductions, it’s important that you include every...
05 Aug What an Increased Tax Enforcement Push Could Mean for You
Recently, the IRS has begun hiring thousands of new tax auditors in preparation for a serious increase in tax enforcement. The push began back in June, with President Biden’s $579 billion infrastructure plan gaining headway in the Senate. Though the increased IRS enforcement was dropped...
23 Jun How to Opt Out of the Advance Child Tax Credit Payments
As part of the American Rescue Plan, the Child Tax Credit has been increased for 2021 and the IRS will be sending out monthly payments to qualifying families. These payments are set to begin next month, with the first one scheduled to hit taxpayers’ accounts...
10 Jun FAQs about the Child Tax Credit Increase and Advanced Payments
The federal government has recently announced that it will be sending out more checks to the American public. But this isn’t another round of COVID relief payments. Rather, the checks that families will be getting each month between July and December are an advance on...
