Category: Taxes
Update: As predicted in the article below, charitable donations took a big hit, post Tax Reform, with 61% less charitable tax deductions claimed as now only about 13% of …
Update: a variation of what is detailed below was passed into law. I’m very interested to see how the new Republican attempt at tax reform shakes out. We should …
This overview on filing an IRS tax extension has been updated for the 2024 tax season (2023 tax year filing). When the tax deadline arrives, if you do not …
This article on IRS EIN Numbers has been updated with information for the 2023 & 2024 tax years. Do you want to earn self-employment income without disclosing your Social …
As the U.S. economy shifts more and more to service based consumption and the “Gig Economy” continues to grow, income taxes may not be quite as simple as receiving …
This article on how long to keep tax records has been updated for the 2023 & 2024 tax years. I strive to be a minimalist. Clutter, whether it’s physical …
This 1095 Form overview has been updated for the 2023 & 2024 tax years. If you have a large employer who offers health insurance, you likely will have received …
This article has been updated with information for the IRS quarterly estimated tax payments in 2024. I get enough questions from readers asking me to explain estimated tax payments …