The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
I have enrolled in Medicare Part A effective February 2024, not aware
that I can’t contribute HSA through my HDHP until now, how do I correct
the 11 months excess contributions in 2024 plus the 8 months
contributions this year in 2025?
Hi,I am trying to use the "what if" form to estimate next year taxes. I
cannot change the standard deduction for 65 old people (17,750) and
include the seniors' bonus. Does anyone know how to do it. The line does
not allow changes, or I don't know ho...read more
In Early 2025 (this year) I purchased a duplex in TN for $300K with the
intent of moving my sister to the Area. My intention was to rent it to
her and treat it as a rental property. I understand the tax implications
and handling of this which would h...read more