How to Check Your Tax Refund Status

If you overpay on your taxes, you’re eligible to receive a tax refund. Usually, refunds are the result of employers withholding too much money. However, self-employed individuals may receive a refund if they overpay on their estimated taxes. If you are one of the lucky taxpayers who gets a tax refund, here’s how you can […]

Read Post

Tax Preparation 2024: What You NEED to Know 

There are many important updates that you should consider before you file taxes this year. Many of these developments may allow you to lower your tax bill. One particularly exciting development is the Energy Efficient Home Improvement Credit, which gives you energy credits for making energy-efficient upgrades to your home. Other significant tax changes include […]

Read Post

Your Guide to the Energy Efficient Home Improvement Credit

In August 2022, the Inflation Reduction Act was signed into law. Along with boosting domestic energy production, this law provides tax credits to homeowners who take steps to improve efficiency. The Energy Efficient Home Improvement Credit helps homeowners reduce their taxes by making specific home improvements, buying the right equipment, and obtaining audits. This guide […]

Read Post

Accounting for Influencers: Explained by Experts

The influencer market is booming, turning content creators into entrepreneurs running profitable businesses. But this financial growth means you need good accounting practices. The IRS is watching influencers closely, and poor accounting can lead to audits. As influencers become more economically significant, managing finances professionally is key. Accounting for Influencers: The Basics Influencer Marketing Hub […]

Read Post

IRS Inflation Adjustments for Tax Year 2023

Every year, the IRS tweaks certain deductions to account for inflation. IRS inflation adjustments affect many parts of your taxes, including income tax brackets, standard deductions, and several other tax credits and deductions. The changes discussed in this article will apply for tax year 2023, so you can expect to see these adjusted totals starting […]

Read Post