Durham & DurhamJun 112 min readForm 1099-K Reporting for 2024 TransactionsIf you sold goods or services & received payments through certain payment apps or online marketplaces you may receive a Form 1099-K.
Durham & DurhamMar 142 min readIRS.gov is the fastest option to get IRS helpIRS.gov has a variety of info available to help taxpayers. An IRS online account has access to info about their federal tax return.
Durham & DurhamFeb 142 min readAre 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 & DurhamFeb 41 min readCarefully Choose a Tax ProfessionalYou need to carefully choose a tax professional to handle your personal information with care and security.
Durham & DurhamSep 16, 20211 min readNEW for 2021 Charitable ContributionsNew 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 & DurhamAug 3, 20211 min read100% Restaurant Deduction for BusinessesBusinesses can claim 100% of their food or beverage expenses paid to restaurants.