A move can leave your tax records in several places: a former employer’s payroll system, a new home office, a storage box, and last year’s accountant’s files. Before you prepare your 2026…
Read article →Trump Accounts are a new type of tax-advantaged account for children. The program may be especially relevant to families welcoming a child, parents planning long-term savings, and employers considering benefits for employees’…
Read article →Choosing a tax preparer is about more than simply filing a return. A trusted and experienced professional can help you plan ahead, avoid costly mistakes, and feel confident when your finances become…
Read article →Form 1099-K generally reports payments received for goods or services through payment apps, online marketplaces, or payment-card transactions. For third-party settlement organizations, the current federal reporting threshold generally applies when payments exceed…
Read article →The IRS generally stopped issuing paper refund checks for individual taxpayers after September 30, 2025 and now uses electronic payment methods such as direct deposit in most cases. Limited exceptions remain when…
Read article →Families in Port Washington and throughout Nassau County may qualify for a larger refund thanks to available tax credits for children and dependents. The Child Tax Credit, Child and Dependent Care Credit,…
Read article →2025 tax-year guide: This article explains the SALT deduction limits for 2025 income tax returns. Do not apply these dollar amounts automatically to a later tax year. The One Big Beautiful Bill…
Read article →Tax filing is easier when your records are complete before the season begins. Whether your 2026 income came from a W-2 job, investments, retirement, a side business or rental property, a little…
Read article →Many Port Washington residents have a full-time job and also earn money from freelance projects, consulting, tutoring, delivery apps, online sales, or another side business. When you receive both a W-2 and…
Read article →Self-employed income and rental property activity can make a tax return more complicated than a standard W-2 filing. Good records matter throughout the year, not only when it is time to file.…
Read article →Receiving an IRS notice or realizing that a tax return was filed late can be stressful, but the first step is to identify exactly what the letter requests and the deadline for…
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Articles provide general information, not advice for your specific situation. Check the publication date and current guidance before acting.