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Inflation Reduction Act of 2022: What it could mean for you and your taxes

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Employee Tax Expert

Hello my name is Maria and I am an Enrolled Agent. I have been preparing taxes for 15 years.

Employee Tax Expert

Trending Discussions

Mint.com - please fix adding a KOHLS credit card

Mint.com has been saying that the Kohls Credit Card system is down for maintenance for a long time. The site is NOT down for maintenance. I can go to kohls.com or credit.kohls.com and log in just fine. Something is wrong on the Intuit side and someon... read more

tax withholding

I have 2 jobs; one withholds taxes. I am self employed for the second, and earn about $20,000 per year. How should I pay my estimated taxes? I'm wondering if I can have more withheld from my "regular" job as the most efficient way to do that. I haven... read more

End of year actions?

I'm just starting out as an independent contractor (consulting) this year. I had a W2 job until being laid off in May of this year and have received some unemployment payments (and opted to withhold tax). I have yet to receive any income from indepen... read more

Self-Employed Business Expenses

I started my business two years ago, and every year, I find myself scrambling to categorize all of my business expenses come tax time. This year, I started a spreadsheet to keep bookkeeping more organized, but I want to make sure I'm thinking of ever... read more

2 questions about a side gig

Hello, I have a main employer job with a yearly W2. I also have a side gig with a YouTube channel. 1st question - to avoid paying quarterly taxes for my side gig, can I just withhold additional taxes with my main employer biweekly? 2nd question - if ... read more

Quarterly taxes for additional income while full time employed

Hello, I am employed full time, and also have substantial income through contract work that I do outside of my full time employment. This income varies from quarter to quarter and year to year. Do I need to pay quarterly taxes even though I am also a... read more

I need my tax return from 2020 and 2021

I did it on turbo tax can someone tell me the number to call to get my past tax return

Sold a home, State tax withheld through escrow, how to report this on TT

Sold a home, State tax was withheld through escrow, some should be refunded per TT. How do I record this withholding on TT, as received nothing from the State, only documentation is on the Escrow Closing Statement.Thanks,Adam

The safe harbor method of auto depreciation using section 168(k) has expired. How can I depreciate my car in 2023?

I am considering buying a $42k car this month for 100% business use and anticipated applying the 80% bonus depreciation in the first year (IRS section 168(k)) and depreciating the following years using half year convention MACRS. However, I am very t... read more

how to calculate tax liability when applying for TPT license in AZ

Dear experts, I have a rental house in AZ, I have a few questions would appreciate advices. 1. Do I need to apply for TPT licensee if I have loss in rental income after expenses? 2. I am not aware of this TPT tax and forgot to pay this for last two y... read more