Now is the time to pay your taxes AND make your estimated tax payment. Both your individual tax return AND first quarter estimated tax payment are due April 15 this year.  If you had to…

If you e-file your tax return, you can generally expect to receive your refund within three weeks of it being accepted by the IRS. Expect four or more weeks if you mail in your tax…

No one likes the stress involved when your tax return is under the audit spotlight. Here are some ideas as you prepare your return this tax season to help avoid some of the more common…

The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips to get you organized. • Look for your tax forms. Forms W-2, 1099, and…

The $20,000 reporting threshold for payment card companies to issue Form 1099-K was scheduled to drop to $600 for 2023. A late change in November returned the original threshold, and the 2024 reporting threshold is…

Tax season often triggers a cascade of questions. Here are five of the most common and their answers. 1. Are the miles earned on my credit card taxable? Taxation of extras  earned with a credit…

Upcoming Tax Deadlines March 15, 2024 • Deadline to file partnership and S-corporation tax returns. April 15, 2024 • Deadline to file individual, trust, gift and calendar-year C-corporation returns. • Deadline for making 2023 IRA…

Understand the rules now to avoid a tax surprise later There is large tax break that allows you to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence….