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Form 1099-K Reporting for 2024 Transactions
If you sold goods or services & received payments through certain payment apps or online marketplaces you may receive a Form 1099-K.
Durham & Durham
Jun 11, 20242 min read
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IRS.gov is the fastest option to get IRS help
IRS.gov has a variety of info available to help taxpayers. An IRS online account has access to info about their federal tax return.
Durham & Durham
Mar 14, 20242 min read
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Are You Paying a Fair Tax Prep Fee?
The average fee for individual Form 1040 with the standard deduction, plus a state income tax return, was $220.
Durham & Durham
Feb 15, 20242 min read
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Carefully Choose a Tax Professional
You need to carefully choose a tax professional to handle your personal information with care and security.
Durham & Durham
Feb 5, 20241 min read
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NEW for 2021 Charitable Contributions
New in 2021 you may take a $300 (Single/HOH) or $600 (MFJ) deduction in cash contributions to a qualified organization if you don’t itemize.
Durham & Durham
Sep 16, 20211 min read
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100% Restaurant Deduction for Businesses
Businesses can claim 100% of their food or beverage expenses paid to restaurants.
Durham & Durham
Aug 3, 20211 min read
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