Read the industry’s latest on all things tax — how tos, tax news, practical tips, industry updates, and everything in between.
March 7, 2024
IRS Schedule A is a form that taxpayers can use to itemize their deductions if they choose not to take the standard deduction. The standard deduction is a fixed dollar amount that reduces the…
February 29, 2024
IRS Form 1040 Schedule 1 reports additional income adjustments for individuals who are required to file a Form 1040 tax return. This form reports income not reported on the main Form 1040, such…
February 28, 2024
Facing an IRS audit is a daunting experience. The idea of having your financial records scrutinized by the most feared collection agency, the IRS, can shake anyone to their core. The cost in…
February 26, 2024
IRS Schedule R (Form 1040) is a tax form used to claim the Credit for the Elderly or the Disabled. This credit is designed to provide financial assistance to taxpayers 65 years or older, or…
February 22, 2024
IRS Schedule J (Form 1040) is a tax form farmers and fishermen use to calculate and report their income using the income averaging method. Income averaging is a method that allows these…
We help you solve your tax issues once and for all so you can get back to your family, your passion project, your business, or maybe even an actual mountain. Whatever it is, it's time to live again.