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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
Employee Tax Expert KarenL ‎Posted December 18, 2024
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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
Employee Tax Expert KarenL ‎Posted December 12, 2023
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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
Employee Tax Expert KarenL ‎Posted November 28, 2023
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anitalouise0601 ‎Posted February 15, 2025 | Latest post 6m ago by VolvoGirl
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I entered K-1 for intangible drilling cost (loss entered as deduction). Turbo Tax has applied the deduction to both Federal and California state returns. From 2024, California does not allow intangible drilling cost deduction but Turbo Tax seems to h... read more
Nhanda ‎Posted 16m ago
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I was married for 20 years and my divorce was finalized April 2024. When I began my taxes this year, Turbo Tax automatically entered all of my ex-spouse's information from last year assuming I am still married. How can I remove him from my taxes? I h... read more
Hknut ‎Posted 17m ago
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Enter the amount you paid for home insulation systems or materials designed to limit the heat loss or gain of your home. What type of materials is it? Thank you. Marina
Barry1994 ‎Posted 21m ago
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This might be a stupid question. LOL. The Trust’s Inherited IRA took the RMD for my father who passed away last year because he didn’t take one while he was alive. This was reflected on the Trust 1041 which was filed. On my father’s final 1040 there ... read more
trust812 ‎Posted 56m ago
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