With the recent tax law changes, you might see additional information
and codes in Box 14 of your W-2. Currently, there are no standardized
codes to designate income such as “No Tax On Tips” or “Overtime”. While
next year, the W-2 form will include s...read more
When it comes to children and taxes, it’s a confusing topic for many.
Does my child need to file a tax return of their own? Do I need to
include their income on my tax return? We know that if a child is
employed (W-2) they may need to file their own ...read more
Whether or not you have to file a tax return isn’t just about how much
income you earned. Sure, that’s part of it for most taxpayers, but the
type of income also matters. For example in 2025, if your net earnings
from self-employment are $400 or more...read more
Identity theft is real, unfortunately. For some people, concerns about
possible identity theft and security start to grow when a tax filing is
rejected due to a social security number. Often though, an e-file reject
is simply caused by a typo or a de...read more
Tax filing status impacts several key areas of your federal tax return:
whether you are required to file, the size of your Standard Deduction,
your tax rate, your eligibility for specific tax credits, and
ultimately, the amount of tax you owe (or the...read more
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 am trying to import a few 1099s and TurboTax is saying that they found
duplicate installations. The problem is that the second installation is
on my nightly backup disk. I'd prefer not delete it. Either eject your
TurboTax 2025 CD or delete duplica...read more
koftherPosted yesterday
| Latest post a minute ago by
MarilynG1
For 2025 home and business, you need Windows 11. When you install the
desktop version on a laptop with Windows 11, but when you try to install
the desktop version on another laptop with Windows 10, it tells you to
use the online version. Can the lice...read more
This will impact tax year 2026, because of the timing of the sale, but I
wanted to get a head start. I married for the first time in November
2025, in the US. My wife and I lived separately, in the same state,
until our wedding date, meaning that we ...read more