Every year the IRS announces a list of top tax scams that threaten the tax and financial information of taxpayers, businesses, and tax professionals. It’s called […]

Taxpayers may see a reduction in their tax bill or an increase in refunds this year. The One, Big, Beautiful Bill makes several changes for this tax filing […]

The costs for continuing education can add up quickly and get expensive. There are several tax benefits such as credits and deductions that can help eligible […]

The Internal Revenue Service today announced its annual Dirty Dozen list of tax scams for 2026 that threaten the tax and financial information of taxpayers, businesses, […]

1099 Reporting Threshold Increase 1099-NEC and 1099-MISC threshold increases from $600 → $2,000. Applies to payments made starting Jan 1, 2026. The threshold will then adjust […]

There are some changes for the 2026 tax filing season that people who are 65 years of age and older should be aware of. The most […]

Mistakes and errors can happen, but most are easily avoidable when it comes to filing federal income tax returns. Taxpayers are encouraged to review their entire […]

There are several new tax deductions that have been introduced for the 2026 filing season. A deduction is an amount subtracted from the taxpayer’s income when […]

A tax credit reduces the amount a person owes in income taxes dollar-for-dollar. Some tax credits are even refundable, meaning if a person’s tax bill is […]