Receive Money through Zell Venmo or PayPal? Expect IRS Form 1099K
Form 1099K Issued to Many Unsuspecting Taxpayers
When Should I Use a CPA to File My Taxes?
Filing taxes can be a hassle. If you’re an individual and only need to fill out a W-2, you can likely handle that yourself. But when your return is more complex, you might find it’s worth hiring a professional — someone who can save you not only time and stress but...Swimming With Sharks: Having Your Tax Return Flagged For Audit
Tax Audits Red Flags
Should I Itemize or Take the Standard Deduction? Limitations on Schedule A
The Tax Cuts and Jobs Act (TCJA) enacted in 2017 had significant changes to itemized deductions and standardized deductions. There is now a $10,000 limit on state and local taxes. Types of state and local taxes include: real estate taxes, state income tax withheld...Using Tax Software, Think Again
Tax Software versus Tax Professional