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The 5 Filing Statuses - Get it Right!

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

Jumpstart Your Taxes: Get Ready for Tax Time!

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

Last Minute Tax Tips & Money Strategies!

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

2025 Estimated Tax Amounts

Last year 2024 my I owed Federal $6000. Used Turbotax Desktop. It came up with four payments of $2300 or $9200 for Estimated 2025. Why?Thanks

I received a cp523k notice to maintain the payment plan. When I go online to make the direct pay it asks for me to choose a payment type. What payment type do I choose?

This payment is due immediately to avoid defaulting on the existing payment plan. So I want to make sure I do the direct pay accurately and it isn't clear which payment type to use. I received 3 certified letters for the same amount due but list a di... read more

Sale of Rental Property that was originally my Primary Residence

I am using Turbo Tax Premier on Desktop (Windows). I need help in reporting the sale of rental property in 2022. Here are the details:- Bought a townhouse (property 1) as primary property in Oct, 2007 for $256, 500.- Lived in the property (primary re... read more

I have a 2023 Mac License but I need a Windows version of Home and Business

My Mac has died and I replaced it with a Dell running Windows. I would like to look at some work files that I did not print. Is there a way I can download a windows version to use my Mac License with?

Can Principal and Income be Distributed from one SubTrust to another SubTrust?

I don’t see why not. My late father’s attorney established SubTrusts under the main Trust. Per the Trust document when the Beneficiary of one SubTrust who is 89 years old passes away the remaining Beneficiaries inherit her share. If she did pass away... read more

Can I start estimating my tax liability now?

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Question about Amended returns for Federal and Michigan

I am filing amended returns for Federal and Michigan, due to a tax form that only arrived after I originally files. In both cases I am getting refunds.My original returns were both e-filed via Turbo Tax, and I e-filed the Amended return. Do I need to... read more