Weddings, Childcare, Children’s Summer Employment, and Travel: Navigating Summer’s Tax Minefield

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Weddings, Childcare, Children’s Summer Employment, and Travel: Navigating Summer’s Tax Minefield Article Highlights: Why Summer Matters for Taxes Marriage in Summer Childcare and Summer Camps Summer Jobs for Children …

Why an IRS Online Account Matters — And How to Create One

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Article Highlights: What an IRS Online Account Can Do for You Top Benefits What You’ll Need Before You Start How to Create an IRS Online Account If Verification Fails Security and Privacy Tips Common Uses of an Online…

Tens of Millions Claimed New Tax Breaks — Did You Miss One?

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Article Highlights: IRS Preliminary 2025 Tax Returns Filing Data What the Government Reported Overall Uptake Overtime (OT) Deduction Tip Income Deduction Enhanced Senior Deduction Carloan Interest for Americanmade…

Gen Z Is Earning Differently—And Most Are Getting Taxes Wrong

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This generation doesn’t wait for a paycheck. They create income on their own terms. Selling products online. Editing videos for clients. Running social media accounts. Picking up freelance work between classes or jobs. It’s flexible. It’s…

Important June 2026 Individual & Tax Due Dates

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June 2026 Individual Due Dates June 1 - Final Due Date for IRA Trustees to Issue Form 5498 Final due date for IRA trustees to issue Form 5498, providing IRA owners with the fair market value (FMV) of their IRA accounts as of December 31,…

Did You Repay Money You Paid Taxes on in a Prior Year?

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There is a Solution to Provide Tax Relief. Article Highlights: Repaid Income that Was Taxed in a Prior Year Claim of Right Doctrine Common Situations for Repayment Relief Mechanisms: Deduction or Credit Determining the Best…

The IRS Is Cracking Down on “Creative” Tax Strategies—What It Means for You

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A recent wave of IRS court victories is sending a clear message: If a tax strategy exists mainly to reduce taxes—and not for a real business purpose—it may not hold up. This isn’t a new idea. In fact, the foundation goes all the way…

The IRS Is Paying Attention Again: Why More Taxpayers Are Getting Notices

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For a period of time, IRS activity felt quieter. Response times were longer. Enforcement felt less visible. Fewer taxpayers were hearing from the IRS directly. Many people got used to that environment. Now things are shifting. Not all at…

Tax Filing Deadlines Are Rapidly Approaching

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Article Highlights: Filing due date Balance due payments Contributions to a Roth or traditional IRA Individual refund claims for tax year 2022 Filing extension Foreign Bank and Financial Accounts Report (FBAR) Estimated…

Important April 2026 Due Dates

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April 2026 Individual Due Dates April 10 -  Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during March, you are required to report them to your employer no later than April 10. You can…