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Tax Tips & News

The IRS Is in Shambles

2 minutes read

The 2020 tax season was like one we’ve never seen before. Due to the extenuating circumstances caused by COVID-19, the IRS changed many aspects of our tax code. While these changes were mostly beneficial, they also made tax season much more complicated than usual.

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Need More Time? Here's How to Get an Extension for Tax Season

2 minutes read

How do you file for an extension?

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Expats: What You Need to Know for Tax Season

3 minutes read

Do you qualify as an expatriate?

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Still Haven’t Received Your Refund? You’re Not Alone.

3 minutes read

Did you file electronically or by mail?

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3 Tax Deductions for Landlords

4 minutes read

Repairs, replacements and improvements, and maintenance

One of the main and most common deductions that landlords can claim on their tax returns is for repairs, maintenance, and improvements to their property. The IRS has published guidelines on what qualifies for this deduction. It is important to note that deductions differ for all three. Here are the differences:

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What to Know as a 1099 Contractor

2 minutes read

You are responsible for paying your own state and federal income taxes.

Since you are an independent contractor, you don’t have an employer that will automatically take your state and federal income taxes out of your paycheck. This means that you are responsible for paying these funds directly to the government. However, if you live in any of the following states, you don’t have to worry about state income taxes.

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Tips for Deducting Medical Expenses

2 minutes read

Figure out your total medical expenses for the year.

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How Selling a House Impacts Your Tax Returns

2 minutes read

Am I eligible for the tax break?

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Here’s How the New Stimulus Package Will Affect Your Taxes

2 minutes read

Unemployment benefits

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Tax Changes for This Year's Return

5 minutes read

Change in tax brackets

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